TDS on audit fees

TDS 9243 views 27 replies

Guyz.............

 

TDS is to Be Deducted on Gross Amount Except Rent........

That is In This Case, TDS is to Be Deducted on Audit Fees + Service Tax

Thats All !!!!!!

Replies (27)

Guyz.............

 

TDS is to Be Deducted on Gross Amount Except Rent........

That is In This Case, TDS is to Be Deducted on Audit Fees + Service Tax

Thats All !!!!!!

TDS to be duducted excluding service tax.............

TDS should be deducted on amount including service tax.

TDS is to be deducted on Gross Amount  because ( Circular mentioned by Mr. Rajat, above is specifically and exclusively for Section 194I.) not for Professional charges. ie Audit fees.

Originally posted by : CA KHAN AURANGZAIB

TDS is to be deducted on Gross Amount  because ( Circular mentioned by Mr. Rajat, above is specifically and exclusively for Section 194I.) not for Professional charges. ie Audit fees.

Tds is to be deducted on gross amount i.e inclusive of service tax in every case except u/s 194 I(coz of recent circular) where it is to be deducted without taking into account the component of service tax..........

I wonder how a CA is claiming like this......... Except Rent TDS has to be deducted including ST only......... Just oppose boldly........... Cheers...............

I wonder how a CA is claiming like this......... Except Rent TDS has to be deducted including ST only......... Just oppose boldly........... Cheers...............

I am agreeing with Priya!!

 

You have to deduct TDS on the whole billed amount, including service tax...

What auditors sir u r having!!

Better tell some other CA to audit the audited statements!

Hi TDS is required to be deducted on Service tax component in case of Sec194J except Sec19I

Hi, friends,

Vide Circular dated 28/04/2008, TDS is to be deducted only  on rent not on service tax, but there is no any circular on 30/06/2008 stating that the benefit of circular dated 28/04/2008 cannot be extend to other fees or bill whether it is professional or of contractors, so conclusion is that TDS is to be deducted only on income payable of any kind specified under TDS provisions.

If there is doubt any one can go on following page, in this page circulars of 2008 are contained. there is no any circular dated 30/06/2008

https://law.incometaxindia.gov.in/TaxmannDit/DisplayPage/dpage1.aspx?md=1

hERE IS tHAT cIRCULAR aTTACHED.........

aditya sir  i agree with u. but the strong point said by shubham sir ,so  he makes me confused . so sir tell me how can i  remove my confusion


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