Tds
This query is : Resolved
30 August 2016
Dear Sir,
if invoice Amt Rs.6900/- (6000 + Service Tax@15% is 900).
which amt I will take for TDS duduction.
Thank You
if invoice Amt Rs.6900/- (6000 + Service Tax@15% is 900).
which amt I will take for TDS duduction.
Thank You
30 August 2016
Service Tax is not an income of the service provider, the service provider collects the service tax and he remits the same to the department. In view of the same TDS should not be deducted from the inclusive of service tax and should be deducted from the net value of the invoice.
Please refer Circular No. 1/2014 dt 13.01.2014, it clearly says that “ TDS is to be deducted on the amount of exclusive of service tax if the service tax amount shown separately in the invoice”
Please refer Circular No. 1/2014 dt 13.01.2014, it clearly says that “ TDS is to be deducted on the amount of exclusive of service tax if the service tax amount shown separately in the invoice”
Message likes :
1 times
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
- GSTR-1A How to update Invoice
- Excess salary payment.
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- TDS on Purchase of Immovable Property by NRI from NRI
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Stamp Paper for partnership firm change new income tax 2025
- Capital gain from sale of house property
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
- Address Change to another state of a Registered Trust with 12AB approval
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
