We have a in receipt of on Furniture hire bill from a vendor whereas he has charged srevice tax @ 10.3% of bill amount
while making payment can we deduct TDs @ 10% on total bill amount (i.e. incl. of Service tax) or is there any abetement available not to deduct tds on sservice tax
kindly advice
Regards,
Kumaran
As per CBDT circular, TDS in case of rent(i.e. Section 194-I) shall be educted on amount exclusive of service tax...........
plz correct me if m wrng.
Sumit is right. No TDS on Service Tax portion in case of TDS u/s 194I
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
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