05 September 2012
My client is paying Professional charges and deducting TDS only for the bill amount and not including the Service tax portion. I said tat u should include ST amt while deducting the tax and they are saying Supreme court judgement states that TDS should be deducted only on the bill amt in case of 194I(rent) because the ST amt is not income for the landlord. The concept will similarly apply here and not required to include ST portion while deducting the tax.. Is it? TDS to be deducted only for the bill amt??