Sir
We have Rs.100/- bill for GTA now we have to pay service tax @ 12.36 on payment of Rs100/-
we paid to party rs. 50/- after deducting tds rs.5/- now on which amount we should on Rs50/- or Rs 50+5 pay service tax??
More over as per income tax we have to deduct tds say rs. 10/- as on date of giving credit to party Whether we have to pay service tax on tds amount 10/- as when deduction of tds??
CAclubindia
