Tds on service tax component for payment to contractor
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 April 2014
A contractor has raised a bill on my company for 50 lakhs plus service Tax of 12.36 % amounting to a total of 56.18 lakhs.
should i deduct tds @ 2 % on 50 lakhs or 56.18 lakhs ?
should i deduct tds @ 2 % on 50 lakhs or 56.18 lakhs ?
07 April 2014
tds is not to be deducted on service tax component as per recent circular by cbdt.
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 April 2014
i guess the circular specifies only payment under 194j and not other sections where tds is applicable.. that is wht the ambiguity is.. please elaborate!
08 April 2014
it is applicable to all sections except for 194-I.
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
- Reward for festival
- 18% Rent a cab
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Closer of business and itc of capital goods
- RCM and same line
- ARCA LOGIN
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- 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
- ITC not to be taken in accounts & GSTR-3B
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
