banner_ad

Service tax input on bank charges

Queries 1145 views 4 replies

hi there,

can we take benifit of service tax on bank charges and advertisement expenses paid to just dial and related agencies. further is deduction of tds is mendetory for the payment of lease line of internet connection form a pvt ltd company?

Replies (4)
Yes you can take input service tax credit for bank charges and advertisement expenses as these are specifically covered in definition part. Regarding TDS, as per my view TDS should be deducted.

but sir some one  told me that payment of lease line of internet doesnt fall under 194J then in which section should we deduct the same?

As per my view it should be deducted u/s 194C

the Service tax you have to confirm its relating to mfg or not

if the advertisement and bank charges  relating to admin its is disallowed.,

and you have to maintain the records the same for availing the credit

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details