TDS on Bills inclusive of service tax
This query is : Resolved
04 March 2008
Dear sirs, first of all thanks for your guidance on my query u/s 269SS.
now there is another problem I am facing regarding TDS on bills inclusive of service tax. Since I am availing credit of service tax so I pass the entry of service tax in input credit account so in expenditure side i only book the net figure( escluding service tax). so the issue is that for diallowing of expenses i have deductred tax on the expense which is coming in p&l a/c but service tax which is claimed as input service tax i have not deducted any service tax. please guide me.
now there is another problem I am facing regarding TDS on bills inclusive of service tax. Since I am availing credit of service tax so I pass the entry of service tax in input credit account so in expenditure side i only book the net figure( escluding service tax). so the issue is that for diallowing of expenses i have deductred tax on the expense which is coming in p&l a/c but service tax which is claimed as input service tax i have not deducted any service tax. please guide me.
04 March 2008
Dear Vikas,TDS is always deducted from the whole amount including service tax whether u have taken credit of service tax or not.
04 March 2008
TDS IS DEDUCTED FROM THER AMOUNT INCLUSIVE OF SERVICE TAX
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
- About TDS & Income Tax
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Average Cost Of High Quality Diamonds
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
