Hi all,
I need ananswer to the following query :
An invoice is raised as follows :
Security Service Charges Rs. 25,726
Service Tax @ 14% Rs. 3,602
Swachh Bharat Cess @ 0.5% Rs. 129
Krishi KalyanCess @ 0.5% Rs. 129
Total Amount of invoice Rs. 29,586
TDS rate : 2%
On what amount shall TDS be deducted ? On Rs. 29,586/- or Rs. 25,726/- ?
I shall be thankful if somebody replies quickly.
Regards.
CAclubindia
