Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 January 2016 whether tds require to deduct on Excise duty portion also

for e.g: BAsic 10000
Excise duty 1250
Total 11250

on which amount require to deduct tds

thanks in advance

01 January 2016 Dear
TDS is not required to be deducted on the amount of Excise duty.

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 January 2016 amendment for non deduction of tds is only for service tax na

01 January 2016 Dear
But we can take that as a ground for the same.
Also that was not an amendment that was a CBDT circular.
Also in practical life we do not deduct TDS on VAT also.


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