Tds deduction on vat component

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This query is : Resolved

AMRUTA RAKATE (Querist)
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24 May 2014 I AM HAVING ONE BILL ON WHICH SERVICE TAX & VAT BOTH ARE SHOWN.SO FOR TDS DEDUCTION VAT COMPONENT TO BE INCLUDED OR EXCLUDED?ANYWAYS SERVICE TAX IS TO BE IGNORED FOR TDS CALCULATION.

SAY BIIL AMT.11000/-
SERVICE TAX-1359.6
VAT-1375/-
TOTAL AMT.13,734.6

Guest

Guest (Expert)

24 May 2014 TDS will be deducted on 12375 i.e. basic amount plus vat amount

tds will not be deducted only on the service tax amount charged in the bill

so 13734.6-1359.6= 12375

ok dear

Message likes : 1 times

Rupesh Jain

Rupesh Jain (Expert)
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24 May 2014 you are not mention the nature of exp. or purchases . if you purchases the software then no tds will be deducted due to party mention the declaration of that tds will already deducted.

AMRUTA RAKATE

AMRUTA RAKATE (Querist)
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26 May 2014 actually its regarding the purchase of software only.... so which treatment should be given?

plz tel me the amount on which tds should be deducted

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