Doubt in TDS & Service Tax Deduction

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This query is : Resolved

Pavan kumar (Querist)

31 March 2009 Dear sir / Madam

I have a doubt about deduction of TDS and Service tax. That is For example we are giving Rs.100000/- to one of our consultant. so here we have to deduct the TDS@10.3% (10300/-) and Add the amount of 12.36% (12360/-) so how to deduct..? are we deduct the TDS before adding the service tax amount(or) Have to add the service tax before deducting the TDS. Please clarify my doubt. And one more thing that is how can i get the details of all tax deductions and it's percentages.

Regards
Pavan kumar
Rajahmundry

CA. Mahesh Agarwal

CA. Mahesh Agarwal (Expert)

31 March 2009 Dear Pavan, U have to deduct TDS on gross amount i.e including of service tax.
TDS rates chart, u can get from Direct tax ready reckoner.

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)

31 March 2009 AGree with Mr. Mahesh. In the example given it shall be deducted on 112360/- @ 10.30%, i.e 11573/-.

Azmathullah Khan

Azmathullah Khan (Expert)

01 April 2009 while deducting the TDS service tax to be added in all the cases except rent. for rent u have to deducted the TDS on rent amount not on rent + st.

Pavan kumar

Pavan kumar (Querist)

03 April 2009 Thank you all for clarifying my doubt, and i have one more favour, that please send the recent Service tax & TDS Percentages list, other wise tell me how can i get...?

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