Telliphone Bill amount is Rs. 50,000/- and Service tax
(12.36%) is Rs. 6180/- Total 56180/- is going to Debit a/c.
my question is Tds caluculation made for what amount.
(50000/- or 56180/-) pl give me correct answer.
Answers were Sorted based on User's Feedback
Answer / p r chander
There is no TDS to be deducted on Telephone bills
Is This Answer Correct ? | 82 Yes | 5 No |
Answer / praveenkumar
the telephone charges are comes under fringe benfit tax (
fbt ) which company will pay and show as a expenses in
companies account so fbt will pay on total amount of
telephone charges which includes service tax. There is no
TDS to be deducted on Telephone bills.
Is This Answer Correct ? | 14 Yes | 1 No |
Answer / p. navaneetha krishnan
TDS Can't be deducted aganst Telephone Bill and Telephone
Charges to be debited only to the extend of Rs.50,000/-.
And Rs.6180/- to be debited against Service tax this need
to be adjusted against service tax payment, provided if
your company is registered with Serviice Tax.
Is This Answer Correct ? | 22 Yes | 12 No |
Answer / prabhash jain
TDS is not applicable on telephone bill, the entry is as
follows:
Telephone Ex Dr. Rs. 50,000
Service Tax Dr. Rs. 6,180
Cash Cr. Rs. 56,180
Is This Answer Correct ? | 10 Yes | 1 No |
Answer / praveen.kp
TDS IS NOT DEDUCTED ON THE TELEPHONE BILLS.
THE ENTRY IS AS UNDER
TELEPHONE EXP DR
SERVICE TAX DR
TO CASH
Is This Answer Correct ? | 9 Yes | 1 No |
Answer / santosh hire
TDS is not applicable for telephone bill so book value in
telephone chages and service tax separatly.
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / praveen
No TDS is deducted on the telephone bills, since telephone
services are falls under any of the TDS
category(contract,professional,commission & rent). Hence TDS
is not applicable for Telephone bills.
Is This Answer Correct ? | 5 Yes | 1 No |
Answer / upendra saha
TDS is not applicable on Telephone bill , so you have deduct
on party of Rs. 56180/- ,
Is This Answer Correct ? | 5 Yes | 2 No |
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