TDS
This query is : Resolved
26 June 2009
TDS cannot be deducted on amount of service tax.Whether this exemption is available only in case of rent as per sec 194I or other sections also i.e,194J, 194H, 194C.
26 June 2009
TDS not to be deducted on the amount of service tax paid/payable on the rent u/s 194 I as per CBDT Circular No 4/2008 dated 28.4.2008. But this is not applicable in case of payments made under other sections i.e. 194C etc.
Message likes :
1 times
26 June 2009
available only in case of rent
27 June 2009
As per CBDT Circular No 4/2008 dated 28.4.2008 it is applicable only on the rent TDS, but one can take another view also that in case of professional fees etc, service tax is not an income for that professional person but a liability to collect and deposit.Still there is a confusion on this subject and better to deduct TDS on payment made other than on Rent.
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Reopen of assessment proceeding
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Reprocessing of rectification order AY 2025-26
- FTS Taxable under 115A
- Rental income gst and it purpose
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
