tds to be dedueted on net for 194j?

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77 Points Posted on 24 May 2007

1) TDS on a bill of  a professional should be charged on the net billing amount or the amount including the service tax. please give reference to section or circular please.

  e.g) bill--> 10000, service tax-->1224(old rate).

so tds should be deduted for 10000, or 11224.

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On 24 May 2007 at 06:21 Report
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Chartered Accountant
4772 Points Posted on 24 May 2007
including
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On 24 May 2007 at 09:12
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77 Points Posted on 24 May 2007
can i please have the reference of sec or circular please. thank you
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On 24 May 2007 at 23:20
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13 Points Posted on 26 May 2007
AMOUNT INCLUDE SERVICE TAX FOR DEDUCTION OF TDS
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On 26 May 2007 at 12:31
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Guest
462105 Points Posted on 27 May 2007
hai, iam living &working in mumbai field of accounts. so please tell me service tax rules and work details. send me on my mail.
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On 27 May 2007 at 02:59
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Chartered Accountant
4163 Points Posted on 29 May 2007
refer to circular no 726, dated 18-10-1995..will surely clear the query...
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On 29 May 2007 at 09:34
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financial services
37 Points Posted on 31 May 2007
the tds is to be deducted on the amount including service tax......... circular 715 of cbdt clarifies the position for reimbursements...that is logically also applicable to this case........ thanks
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On 31 May 2007 at 10:36
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icwai students
58 Points Posted on 10 June 2007
hai, iam living &working in chennai field of accounts. so please tell me service tax rules and work details. send me on my mail.
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On 10 June 2007 at 04:12
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Organisation
52 Points Posted on 11 June 2007
YES, TDS SHOULD BE DEDUCTED ON AMOUNT NET OF SERVICE TAX
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On 11 June 2007 at 02:51

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