For the exemption limit of 30000/75000 u/s 194C, whether the limit should be considered including service tax or excludng? Eg. Service value 28000/-, service tax(14%)-3920/-,total bill value-31920/-. whether tds should be deducted if its a single payment in that year?
Hi,
I think,TDS needs to be deducted on Service value so in your case service value is less then 30 k so no need for TDS deduction
I too agree with Kapil. Since TDS is not applicable on ST element, the balance only will be considered as the consideration in which case TDS may not be applicable.
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