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Mohammed Dalal (Chartered Accountant)     03 June 2011

TDS Query

Dear All,

One of the Bills for purchase of FIxed assets i.e some programming language have been purchased , consist service tax charged on the Basic amt. VAT is also charged on Basic + ST.

Contention of the Client is that TDS shall not be deducted since VAT is charged on Basic+ST and its constitutes as purchase.

However, since Service Tax is charged, it is a presumption that the services might have been provided and thus TDS is applicable on the whole bill amt.

Please help



 3 Replies

Harpreet

Harpreet (* * * * * *)     03 June 2011

To protect yourself and safe side, i would suggest you to deduct TDS as professional/technical services (194J)

CA DEEPAK BANSAL

CA DEEPAK BANSAL (ACA, B.COM(H) )     03 June 2011

CAN YOU SHOW THE BILL HERE OR THE PARTICULARS OF THE BILL ITEM

Mohammed Dalal

Mohammed Dalal (Chartered Accountant)     03 June 2011

I am srry sir, but that is not possible.however i can provide with the details


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