Tds
This query is : Resolved
ARJUN ASHOK
(Querist)
17 October 2013
amount payable=10000 service tax=1236 my doubt is that on what amount tax is to be deducted? on 10000 or 11236 or 8764?
CA Pallav Singhania
(Expert)
17 October 2013
TDS will be deducted on the full amount.
It is only the case of rent {194I} where tds is not deducted on the amount of service tax.
It is only the case of rent {194I} where tds is not deducted on the amount of service tax.
ARJUN ASHOK
(Querist)
17 October 2013
so v hav to deduct tax on Rs. 11236 ryt?
CA Pallav Singhania
(Expert)
17 October 2013
Yes, If you are not deducting TDS on Rent...
Nikhil Kaushik
(Expert)
17 October 2013
agreed with the expert. wondering where did u get the amount 8764?
In case Rs 10,000 is inclusive of service tax. then service tax shall be Rs
In case Rs 10,000 is inclusive of service tax. then service tax shall be Rs
ARJUN ASHOK
(Querist)
17 October 2013
wat vil b the effect of service tax of Rs.1236 if reverse charge is applicable in the said example
CA Pallav Singhania
(Expert)
17 October 2013
Then the service provider as well as the receiver will be liable to pay proportionate service tax depending upon the nature of the service...
ARJUN ASHOK
(Querist)
17 October 2013
thank u sir
17 October 2013
In case of reverse charge there will not be TDS on Service TAx portion borne by you.
Thanks
Thanks
18 October 2013
Agreed with Aryan and Vaibhav.
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
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Taxation of crypto futures in India Fy 2026- 2027
- Issuing of delivery challan by seller of goods
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
