What about the TDS, should it be deducted on the gross or inclusive of Any tax or ect items (topic is on all salary, contract, rent professional and all others which are liable for TDS)
What about the TDS, should it be deducted on the gross or inclusive of Any tax or ect items (topic is on all salary, contract, rent professional and all others which are liable for TDS)
TDS should be deducted on the gross amount inclusive of all tax on all type of payments Except u/s 194I wherein tds is to be deducted on Net amount of rent (exclusive of Servive tax).
TDS shud be made on Gross amount inclusive of ST, other taxes & charges except for Rent on whihc TDS needs to be made on Net amount only.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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