Tds on invoice amount

very well pointed out

that is because of a circular no 4/2008 dated 28/4/2008.

this is not applicable for TDS u/s 194J . the clarification for this has also been issued by the CBDT dated 30/6/08

AS PER LAW

TDS IS TO BE DEDUCTED  ON ANY AMOUNT PAID WHICH MEANS SERVICE TAX WILL BE INCLUDED

BUT IN CASE OF TDS ON RENT PAID TDS WILL BE DEDUCTED EXCLUDING SERVICE TAX AS ITS SPECIFICALLY EXCLUDED BY NOTIFICATION

TDS IS TO BE DEDUCTED INCLUDING SERVICE TAX  EXCEPT TDS ON RENT.AS PER CBDT CIRCULAR NO 4/2008 DATED 28-04-2008 HAS CLEARIFIED THAT TDS IS NOT LIABLE TO DEDUCTED INCASE OF TDS ON RENT INCLUDING SERVICE TAX.

SO THAT TDS ON RENT EXCLUDING SERVICE TAX.

@ ramesh..pls dont bluff okay..he he ..you had no idea about it..

Dear Ramesh,

even if Service Tax is charged, TDS HAS to be deducted...you pls read your post again..and check whether it meant the same or NO

thanks for defending me  ankit..and ramesh..take it light..no offending you..was having fun

right..i agree

Originally posted by : RAMESH ...cma final
	M NOT MAKING U AGREE WITH ME ..........UR WORDS SHOW UR NATURE, ATTITUDE,THINKING....BLA BLA.......

nature,attitude ,thinking....grow up man....!!!!!this is a professional site..you gave contradictory statements..and you know that..you were not aware of the issue.still you posted we are not relying on you..and instead of accepting the contradiction on your statements..you are blaming somebody's attitude,nature...

well its better not to argue with ignorant people.. 

It will be the entire Invoice value until and unless its a bill of rent in which case it would be on Rs.35600 i.e. excluding the ST amount...!!!

dear sir,

we are manufacture company & we paying the rent & ST is charges rent , w are not taking cenvat credit of ST  so now we have to deduct the tds on incls of ST or excluding please clarify the doubt