21 April 2009
whether tds is deductible on service tax element of bill, in case of profession fees.....? And if client is deduct tds on net amount them is it required to disclouse in 3cd report?
As supreem court confirm in case of 194I tds on rent only and not include service tax element as court says in their judgement that service tax is not income of landlord that only collecting on behalf of goverment. This judgement may be applie other service also.
CAclubindia
