TDS on Service Tx

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TDS Hs to be Deducted in Case of Service of Professional Service Charges is Rs 25000 And Service Tx on above is 12.36% = 3090 Total is Rs 23090.

on What amt TDS Has to be Deducted ?

Replies (4)

As per the provisions of Sec 194J the TDS has to be deducted on the Gross Payment.

Hence in the above case the TDS has to be deducted on 28090/- and not on 25000/- as mention above.

Thanks

 

Mr. Ram Avtar Singh is right. TDS will also be computed on Gross Amount Inclusive Of Service Tax except On  Rent i.e Service tax will not be considered for TDS calculation purpose in case of rent payment.

TDS is to be deducted on gross amount except in case of Rent (194I) .

Dear Frnd

u r case is being covered on sec. 194 J of Income Tax Act, 1961 and as per the provision of the same one should deduct tax on ANY SUM PAYABLE BY WAY OF FEES for professional services thus service tax is also liable for TDS i.e. TDS shall be deduct on Rs.28090.

 

Regds

Lalit

9953307025


CCI Pro

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