Dear All,
the circular on TDS on service tax component, states that whereever im terms of agreement / contract, the service tax component comprised in the amount payable to resident is indicated separately, tax shall be deducted at source under chapter XVII - B of the Act, shall be without including such serice tax component.
Some where it is mentioned that it is applicable to 194J. can anybody explain the correct position. in my opinion, this should apply to chapter XVII-B which will cover all sections including 194C?
pls can anybody clarify.?
Regards
Aniruddha Sathe
CAclubindia
