Tds on crane hiring charges
This query is : Resolved
25 April 2012
Hi,
Can anybody confirm whether TDS to be deducted on Crane Hiring Charges (194I) on Gross Charges or Full Invocie amount (after Service Tax)?
Thanks.
Gireesh
Can anybody confirm whether TDS to be deducted on Crane Hiring Charges (194I) on Gross Charges or Full Invocie amount (after Service Tax)?
Thanks.
Gireesh
25 April 2012
In case of Invoice of Rent TDS is not required to be deducted on Service Tax.
25 April 2012
As per Circular No.4/2008 dated 28.4.2008, it was clarified that TDS on rental payments would be required to be made only on the basic rental amount without including service tax. In other words, TDS should not be made on the service tax portion of the rent. However, this analogy is not applicable to TDS under other sections.
In short--
For 194I - Deduct TDS on amount excluding service tax.
For other section - Deduct TDS on amount including service tax.
In short--
For 194I - Deduct TDS on amount excluding service tax.
For other section - Deduct TDS on amount including service tax.
25 April 2012
yes.Agree with all above.
TDS DEDUCTED INCLUDING SERVICE TAX.
CIRCULAR NO 4/2008
MANY TIME ASKED THIS QUESTION
TDS DEDUCTED INCLUDING SERVICE TAX.
CIRCULAR NO 4/2008
MANY TIME ASKED THIS QUESTION
25 April 2012
Praveen Ji i think you wanted to say "TDS TO BE DEDUCTED ON AMOUNT EXCLUDING SERVICE TAX" by mistake you have written "INCLUDING SERVICE TAX"
21 May 2012
Thanks to All.
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
- Post Office RD Interest
- Building and other construction workers welfare cess act 1996
- ITR validation error - Balance sheet is not filled
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Annual return of gst limit
- TDS ON CASH WITHDRAWALS...
- Eway bill for machinery reparing
- Form 10BD Filling
- Error whiling application of GST REFUND (ANNEXURE B)
- Change the gender in the registration of icai
- Lift replacement entries in housing society
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
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
