Sir / Madam,
A trust who is reg. under 12AA and enjoying benefit of sec. 11 of income tax act.
My question is in case where trust has to deduct TDS on various payments with GST bills.
So for every bills which are subject to tds by trust has to deduct TDS as applicable under various sections before CGST/SGST and IGST amount.
Or trust has to deduct TDS on entire amount of bills falling under various category.
Jignesh Kapadia
Sir,
I am not telling about tds under gst. I want to confirm whether tds would be applicable in case of trust on amount before applying CGST/SGST/IGST while raising bill(s) towards labour /AMC /Audit etc.. as case may be.
Sir i am not telling TDS under GST regime. I want to have clarification(s) in case of TDS applicability in case of income tax act where deduction has to be made on labour / AMC/audit etc.. under income tax provisions. So deduction would be made on amount before applying CGST/SGST/OGST on such labour/MAC/Adutfees etc... whihc are subject to TDS under income tax act.
Dear JIGNESH KRISHNAKANT KAPADIA
Under TDS is applicable under Income Tax on the bill amount before CGST, SGST OR IGST .
suppose service charges INR 100
IGST 18
Bill amount 118
Now tds has to deduct on INR 100 at rate applicable on that type of service
TDS to be deducted on the invoice amount excluding GST.
CAclubindia
