TDS on S.Tax


This query is : Open 

28 July 2016 Can we make a TDS on SBC part of S Tax

28 July 2016 TDS at the applicable rates would have to be deducted on the basic amount exclusive of the service tax only. This provision is a new rule that came into effect as per a government circular released on 13 January 2014. Earlier, TDS was to be deducted on the amount inclusive of service tax. But the same was later rectified by the government.


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