26 December 2007
When it is a contract bill, the contract amount should include the service tax as the income tax law specifies as "any sum' for calculation of tds, but if the tds is for professional charges then service tax can be deducted for calculating tds.
26 December 2007
As per the guidelines and regulations given by the authorities TDS has to be deducted inclusive of service tax i.e on teh gross amount
26 December 2007
As per the guidelines and regulations given by the authorities TDS has to be deducted inclusive of service tax i.e on teh gross amount
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