Menu
Tda on reverse charge
In case of services falling under reverse charge mechanism TDS is required to be deducted on amounts ( service amount+ 100%srrvice tax) or only upto that exent for what the payment is made to service provider ie (service amunt+payment made for service tax).
Replies (2)
tds to be made on gross amount + st charged by service provider.. ST liable to be paid under reverse charge wont come under tds.
TDS is deductible on amount which we credit to the account of service provider (i.e. basic amount + service tax), as we are not crediting amount of reverse charge, TDS is not deductible on reverse charge amount.
Recent Topics :
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
- Does Parag gupta's booster batch good for CA Inter
- Police Bandobost and GST Invoice
- Understanding where manual effort goes in audit wo
Related Topics :
CAclubindia
