Hai,
For TDS deduction u/s.194 J (professional services) service tax portion also need to be considered or basic value of invoice only can be considered (excluding service tax).Pls clarify
SUPRIYA
(PRACTICE)
(853 Points)
Replied 04 April 2014
Only the value basic value of invoice i.e value of professional fees charged need to be considered for the purpose of deducting TDS
Rahul jain
(LEARNING & TEACHING)
(435 Points)
Replied 04 April 2014
as service tax is not the income for professional, it will be pay to govt. hence it will not include in the amt. of TDS.... clear......
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