Sercive tax and tds combination
This query is : Resolved
Sagar Doshi
(Querist)
06 April 2013
tds is to be deducted on the basic amount and service tax, but except in rent case. but Let take 2 case study
1)if 100+12.36 is the bill amount & tds is deduct at Rs.11.24 then how much amount of service tax should be paid either Rs.12.36 or Rs11.124(12.36-1.236)??? &
2)if Rs.90 is received as advance fees agter deduction of tds of Rs.10 then how much service tax will be paid to gov?
1)if 100+12.36 is the bill amount & tds is deduct at Rs.11.24 then how much amount of service tax should be paid either Rs.12.36 or Rs11.124(12.36-1.236)??? &
2)if Rs.90 is received as advance fees agter deduction of tds of Rs.10 then how much service tax will be paid to gov?
Trinadharao Adigarla
(Expert)
06 April 2013
FULL AMOUNT X TDS
CMA Ramesh Krishnan
(Expert)
07 April 2013
TDS and service tax both are different. service tax need to pay always gross amount that is amount received plus TDS value
Sagar Doshi
(Querist)
08 April 2013
ok thnx for reply
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