Tds on service tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 February 2014
In the case of Transport agency they charged service tax on bill whether tds deducted including service tax or not.
10 February 2014
vide CBDT Circular No. 1/2014 dated 13-1-2014-
“TDS on service tax component comprised of payments made to residents”
-------------------------------
that wherever in terms of the agreement /contract between the payer and the payee, the service tax component comprised in the amount payable to a resident is indicated separately, tax shall be deducted at source on the amount paid/ payable without including such service tax component
“TDS on service tax component comprised of payments made to residents”
-------------------------------
that wherever in terms of the agreement /contract between the payer and the payee, the service tax component comprised in the amount payable to a resident is indicated separately, tax shall be deducted at source on the amount paid/ payable without including such service tax component
10 February 2014
well if the payment is made to the transporter, tds is anyways not deductible due to 194c(6). where TDS is to be deducted, you can leave out the service tax part provided such amount is specifically mentioned in the invoice.
10 February 2014
TDS is to be deducted on only gross bill amount.if the service tax is shown seperatly.(exclusive)
TDS is to be deducted on service tax also.if the bill doesn't contain service tax amount.(inclusive of service tax)
TDS is to be deducted on service tax also.if the bill doesn't contain service tax 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
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Itr 1 processing
- Building and other construction workers welfare cess act 1996
- ITR returnFY25-26
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Bank Accounts in Balance Sheet for ITR 3
- ITR 1: Details for showing Exempt Income
- 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
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
