Tds

This query is : Resolved

Rohit (Querist)
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05 July 2012 Advertisement expense 1000000
service tax 123600
total ---------
1123600
please tell me how much TDS i should deduct and deposit

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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05 July 2012 TDS will be deducted on the full amount of Rs. 11,23,600.

TDS will be deducted @ 1% if payment is made to an individual or HUF and @ 2% if payment is made to any other person.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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05 July 2012 TDS to be deducted on amount inclusive of service tax i.e., on Rs. 11,23,600/-

Rate:
Individual/HUF @1%
Others 2%.

CA Rahul Gupta

CA Rahul Gupta (Expert)
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05 July 2012 payment to contr actors, u/s. 194C or payment of
fees for professional technical services u/s. 194J, the T.D.S. is required to be made on the gross amount inclusive of service -tax and other incidental
expenses claimed by the payee.so TDS will be deducted on whole amount i.e 1123600/-

CA Rahul Gupta

CA Rahul Gupta (Expert)
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05 July 2012 In case of Individual or HUF @1%
others 2%

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