banner_ad

Tds on service tax under reverse charge mechanism

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
04 February 2013 Whether TDS is to be decucted on Service Tax portion under reverse charge mechanism. Eg:

Sitting fees Dr 20000
S.Tax Input (Rev. charge)Dr2472
To, Service Tax Payable(Rev.chgs)2472
To,Sitting fees payable 20,000
To TDS Payable ????????????
Whether TDS to be deducted on Rs.20,000/- or on Rs.22,472/-
Pls. suggest
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
04 February 2013 The amount payable to the person is Rs 20000/-only. Service Tax has to be deposited with the Govt. So TDS is to be deducted on Rs. 20000/-.
Profile Image

CA Prashant Gupta

Profile Image

CA Prashant Gupta (Expert)
04 February 2013 I believe in sitting fee, director didn't charge any service tax. so in reverse charge you calculate service tax Rs. 2472/-
in this case you will deduct TDS only on 20000. because you paid only this bill.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
14 May 2026
Financial Analyst - Remote Finance Expert

HiringBridge

Ahmedabad

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details