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Tds of professional fees

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(Querist)
09 March 2013 DEAR EXPERTS,

WE HAVE RECEIVED A PROFESSIONAL / CONSULTANCY FEES BILL WITH SERVICE TAX, TOTALLING 56180/- (50000 BASIC PLUS 12.36% SERVICE TAX). nOW, WHILE MAKING PAYMENT, ON WHICH AMOUNT WE HAVE TO DEDUCT TDS - ON 50000 OR ON 56180 ? PL. GUIDE.

REGARDS
ANCKOORA
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
09 March 2013 Dear Anckoora,

taxes at source are to be deducted on the gross amount.

Thus, in your case, on Rs 56,180.

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