Cbdt dt. 13/01/2014 for non deduction of tds on service tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2014 Sir / Madam,
We have received an invoice dated as on 05.02.2014 as follows:
Professional Charges 2,00,000
Out of pocket exp 25,200
Service Tax 27,834
Total 2,53,034

My question is whether we have to deduct TDS (10%)on total amount or only on professional charges (Keeping in mind of CBDT circular dt 13.01.14)
We have made the payment. Please clarify me in this regard as earlier as possible. Thanks in advance.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

28 February 2014 TDS to be deducted only on Professional Fees exclusive of service tax amount.

Message likes : 1 times

CA Bikash Ranjan Das ACA, CMA

CA Bikash Ranjan Das ACA, CMA (Expert)
Follow

28 February 2014 As per the CBDT circular if service tax will be shown seaprately, then no TDS is required to be made on the Service Tax Componet.

Hence TDS has to be deducted on 225200 only ( 200000 for professional charges + 25200 out of pocket exp).

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

FCA. LAL BAHADUR SHASTRY GUBBA

Vidit Ratanghayra

CMA Sajin Odupara

Dhananjay Singh

ANUPAMA L KANT

Subscribe Now

Cbdt dt. 13/01/2014 for non deduction of tds on service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

Senior Executive

CA Final

Manager- Finance and Compliance

GST CONSULTANT

GST CONSULTANCY