TDS on Service Tax
This query is : Resolved
CS LLB Pulkit Gupta
(Querist)
09 December 2010
Sir i am doing an audit of a Construction Co.
According to Form 16A the gross reciepts portion is the amount including Service Tax.
The person making payment to Co. has deduct TDS on above mentioned amount i.e. the amount including Service Tax.
According to me by doing so they have deduct TDS on Service Tax. Is it a right practice?
If yes then how can he claim such TDS??
According to Form 16A the gross reciepts portion is the amount including Service Tax.
The person making payment to Co. has deduct TDS on above mentioned amount i.e. the amount including Service Tax.
According to me by doing so they have deduct TDS on Service Tax. Is it a right practice?
If yes then how can he claim such TDS??
CMA Ramesh Krishnan
(Expert)
09 December 2010
yes. you are correct , TDS need to be deducted on gross amount including service tax in all cases except in case of Rent. ( On rent TDS need to be deducted exclusive of Service tax) In form 16A also need to be shown inclusive of service tax as gross amount
09 December 2010
The TDS rules specify TDS on Gross Amount except in the case of Rent which has been clarified by way of circular
Praveen Sharma
(Expert)
09 December 2010
agree with the experts.
CS LLB Pulkit Gupta
(Querist)
09 December 2010
@Ramesh Sir -- Thx for to the point answer...
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
- Gst credit note by supplier
- Movement of goods by packers and movers - type of sale - Reg.
- GST on reimbursement of expenses
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Missed uploading GST Invoice
- Query on effect of registration of property
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
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
