Tds deduction
This query is : Resolved
CA Nitin kansal
(Querist)
05 February 2013
Company deduct Tds on director sitting fees under Section 194J,what amount on which TDS is to be deduct i.e Reverse charge on director Setting fees Service is applicable then TDS is deduct on amount inclusive of service tax or not?
Same query on Advocate Service
Same query on Advocate Service
CA PARAS BAFNA
(Expert)
05 February 2013
TDS is to be deducted on the amount credit or paid to the payee @ 10% on sum payable.
.
Reverse Charge is paid by the Company to the Govt. and not to the payee.
.
In my view, TDS is not required to be deducted on Service Tax under RCM.
.
.
Reverse Charge is paid by the Company to the Govt. and not to the payee.
.
In my view, TDS is not required to be deducted on Service Tax under RCM.
.
06 February 2013
It is the responsibility of Service receiver to pay ST on the above Fee. In both the cases Service provider is not claiming ST in the bills; hence recovery of TDS does not arise on ST. ST is payable separately to Govt by service receiver.
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 credit note by supplier
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Movement of goods by packers and movers - type of sale - Reg.
- Wrong CMPo8 file
- GST on reimbursement of expenses
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
