TDS- clarification on amount credited
Karun Menon (589 Points)
28 November 2021my understanding is net of service tax is deducted and the amount shown as credited/paid is net of service tax.
kindly clarify.
thanks,
😂
Karun Menon (589 Points)
28 November 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(142153 Points)
Replied 28 November 2021
YES, PROVIDED IT IS SEPARATELY BILLED.
Karun Menon
(589 Points)
Replied 28 November 2021
Karun Menon
(589 Points)
Replied 28 November 2021
Sir, I could not find relevant section from the link you had mailed me. Trust my assumption is right. As mentioned by you, the service tax component is shown separately in the invoice.
Thanks,
ITR 1 and ITR 4
GST Practitioner Certificate Course 36th Batch