Deposit of tds & service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 July 2014
An individual advocate furnished one bill as below:
Towards professional Exp. 200000
Towards Out of Pocket Exp. 15000
Total 215000
Please clarify on which amount tds to be deducted u/s 194J
either be Rs. 200000/- or Rs. 215000/-
Please also clarify on what amount service tax will be deposited
and at what rate by receipient of services as receipient is company.
Towards professional Exp. 200000
Towards Out of Pocket Exp. 15000
Total 215000
Please clarify on which amount tds to be deducted u/s 194J
either be Rs. 200000/- or Rs. 215000/-
Please also clarify on what amount service tax will be deposited
and at what rate by receipient of services as receipient is company.
Rupesh Jain
(Expert)
02 July 2014
if amount of out of pocket exp . bill is separate from professional charges then TDS to be deduct of Rs. 200000/-
if combined bill then tds applicable on RS. 215000/- @ 10% u/s 194J.
if combined bill then tds applicable on RS. 215000/- @ 10% u/s 194J.
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