TDS calculation
This query is : Resolved
GANESH MENDON
(Querist)
16 April 2009
is the TDS calculated inclusive or Exclusive of Service tax????
16 April 2009
Inclusive for all section other than Rent as rent exclusively exempted by CBDT
16 April 2009
Inclusive for all section other than Rent as rent exclusively exempted by CBDT
Manmohan ACA, CS
(Expert)
16 April 2009
clarification has been sought by Bombay Chamber & commerce & Industry regarding applicability of circular 4/2008 on section 194-J ,and asked the department that whether TDS is to be deducted on service tax collected on the service tax portion collected along with professional services.And it has been replied by the department that scope of clarification issued for section 194-I(RENT) can not be extended for section 194-J(Prof. services).
so conclusion is that
for section 194 I - TDS shall be deducted excluding of service tax as the provision contains the term " any rent" nad it is also clerified by the CBDT.
For section 194J: TDS shall be deducted including of service tax as the provision contains the term " any sum payable " and it is also clerified by the CBDT.
for all other section - TDS shall be deducted including of service tax , although it is not specifically clerified by the CBDT but because as the provision contains the term " any sum payable "
so conclusion is that
for section 194 I - TDS shall be deducted excluding of service tax as the provision contains the term " any rent" nad it is also clerified by the CBDT.
For section 194J: TDS shall be deducted including of service tax as the provision contains the term " any sum payable " and it is also clerified by the CBDT.
for all other section - TDS shall be deducted including of service tax , although it is not specifically clerified by the CBDT but because as the provision contains the term " any sum payable "
21 April 2009
Inclusive for all section other than Rent as rent exclusively exempted by CBDT
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
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- Import Order Cancelled.
- TDS on Dashcam rent and allied services
- GSTR-9C filing
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- 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
- Tally: Imported bank entries do not show up in manual reconciliation
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
