Deduction of tds inclusive of service tax

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This query is : Resolved

Rawther Riswan (Querist)

05 May 2012 Sir,

We are paying Rent of Rs. 9000O/per month from the service income received. Should we deduct and pay TDS for it with inclusive Service tax or Excluding Service tax.

CA.M.V.RAMACHANDRA RAO

CA.M.V.RAMACHANDRA RAO (Expert)

05 May 2012 no need pay TDS on payment of rent Rs. 90,000 as the exemption is Rs. 1,80,000. That to service tax is not part of Amount for the amount for deduction of TDS U/S 194I. if the is amount is more than Rs. 1,80,000 p.a, then TDS should be deducted on the amount exclusive of TDS.

Rawther Riswan

Rawther Riswan (Querist)

05 May 2012 Thanks for your information sir. But that Rs. 90000 is for per month

CA PRAVEEN SINGH

CA PRAVEEN SINGH (Expert)

05 May 2012 TDS IS TO BE DEDUCTED AS YOU SAY RENT PER MONTH.

TDS IS TO BE DEDUCTED EXCLUDING AMOUNT OF SERVICE TAX..AS PER CBDT CIRCULAR NO. 4/2008.DATED 28.04.2008

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