tds
This query is : Resolved
09 August 2010
i made a bill of Rs. 20000 add service tax of Rs. 2060/- in that case i want to know that Tds will be deduted on either 20000 or on 22060?
09 August 2010
TDS will be deducted on whole amount except payment of rent.
ie. in case of payment of rent, tds will be deduct on principal amount.
ie. in case of payment of rent, tds will be deduct on principal amount.
09 August 2010
As per Circular No.4/2008 dated 28.4.2008, it was clarified that TDS on rental payments would be required to be made only on the basic rental amount without including service tax. In other words, TDS should not be made on the service tax portion of the rent. However, this analogy is not applicable to TDS under other sections.
09 August 2010
TDS will be deducted on the whole amount i.e on Rs.22060/- except in the case of payment of rent, where TDs will be deducted on 20000/- only.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Average Cost Of High Quality Diamonds
- Accounting with Claude
- Rental income of jointly held property
- ITR-3 File/Error Found
- NRI INSURANCE ADVISOR
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
