Tds

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Querist : Anonymous (Querist)
04 December 2012 Whether TDs has to be deducted inclusive of service tax or exclusive one pls clarify?

04 December 2012 If the payment is made for rent, then TDS is required to be deducted EXCLUSIVE of service tax (Circular 4/2008).

In case of other payments, TDS is required to be deducted on the amount INCLUSIVE of service tax.

04 December 2012 Thanks for sharing information..


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