26 February 2011
ONE OF MY VENDOR HAS GIVEN BILL OF SECURITY CHARGES OF RS. 80000 FOR FEB AND HE CHARGE SERVICE TAX @10.3% ON RS. 80000 RS. 8240/- I CAN TAKE CREDIT OF SERVICE TAX. I HAVE TO DEDUCT THE TDS. WHETHER I HAVE TO DEDUCT THE TDS ON RS. 88240/- OR ON RS. 80,000/-