banner_ad

Gst on invoice subject to tds

293 views 5 replies
User Avatar

Service
297 Points Posted on 10 July 2017

Gross Amount charged is Rs. 100000. TDS to be deducted at the rate of 10%. GST is applicable on said bill at 18%.

Will TDS be deducted on Rs. 100000 or Rs. 118000? What will be the TDS amount?

Reply Share Follow
On 10 July 2017 at 09:58 Report
Replies (5)
User Avatar

Manager-Accounts & GST Consultant
5124 Points Posted on 10 July 2017

Under which section your case falls?

34 Reply
On 10 July 2017 at 10:30
User Avatar

jaipur
257 Points Posted on 10 July 2017
TDS will be deduct on Rs100000/-
tax is not an part of income of receiver.
TDS will be charged on old basis.there are no change in the concept of TDS
Reply
On 10 July 2017 at 11:02
User Avatar

Service
297 Points Posted on 10 July 2017

Rental Income 194 I

Reply
On 10 July 2017 at 12:40
User Avatar

Manager-Accounts & GST Consultant
5124 Points Posted on 10 July 2017
Service tax paid by the tenant does not partake the nature of income of landlord. The
landlord only acts as a collecting agency for Government for collection of service tax.
Therefore tax deduction at source (TDS) under Sec. 194-I of the Income-tax Act would
be required to be made on the amount of rent paid/payable without including service tax.
34 Reply
On 10 July 2017 at 12:46
User Avatar

Manager-Accounts & GST Consultant
5124 Points Posted on 10 July 2017
Service tax paid by the tenant does not partake the nature of income of landlord. The
landlord only acts as a collecting agency for Government for collection of service tax.
Therefore tax deduction at source (TDS) under Sec. 194-I of the Income-tax Act would
be required to be made on the amount of rent paid/payable without including service tax.
34 Reply
On 10 July 2017 at 12:47


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details