Tds & service tax

This query is : Resolved

gauri bajaj (Querist)
Follow

31 May 2013 sir,
i want to know whether in case of professinal fees s.194J tds is deducted on the gooss amount inclusive of service tax or not?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
Follow

31 May 2013 TDS to be deducted on Gross Bill amount including service Tax.

As per Circular No.4/2008 dated 28.4.2008, it was clarified that TDS on rental payments would be required to be made only on the basic rental amount without including service tax. In other words, TDS should not be made on the service tax portion of the rent. However, this analogy is not applicable to TDS under other sections.

In short--
For 194I - Deduct TDS on amount excluding service tax.
For other section - Deduct TDS on amount including service tax.

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

31 May 2013 Yes, you can go as per sanjay sir suggestion.

194I-deduct TDS on amount excluding servicetax

for other section: deduct TDS on amount including servicetax

Plese refer below file detailed explanation which gives some clarity on this

https://www.caclubindia.com/share_files/tds-on-service-tax-on-all-payments-except-rent-56695.asp

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA Sunny Sharma

Rajat Khandelwal

ASHOK B GONDKAR

ashvini tripathi

CA Lalit Kumar Agrawal

Subscribe Now

Tds & service tax

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANCY

GST CONSULTANT

Senior Executive

Manager- Finance and Compliance

Accountant