DERA FREIND,
FBT IS LEVIABLE ON AMOUNT INCLUSIVE OR EXCLUSIVE OF SERVICE TAX.
FOR EX. IN TELE.BILL TOTAL AMT IS 100000/- & SERVICE TAX IS 12000/- THEN FBT IS LEVIABLE ON 88000/- OR 100000/- .
TDS TO BE DEDUCTED AMT INCLUSIVE OR EXCLUSIVE OF SERVICE TAX.
PLS ANSWER.
THANKS
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FBT & TDS
Replies (1)
it has to be on gross amount.
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