dear sir if i dont know the sell bill amount the. client give me 88036 amo

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Question

dear sir if i dont know the sell bill amount the. client
give me 88036 amount cheque this cheque already cut tds
2.065% how will the service tax how i calculate this pls
give easy process.

Question Submitted By :: Kalyani Nayak

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Re: dear sir if i dont know the sell bill amount the. client give me 88036 amount cheque this cheque already cut tds 2.065% how will the service tax how i calculate this pls give easy process.

Answer
# 1

THE SERVICE TAX WILL BE CALCULTED AS FOLLOW :
FIRST OF ALL FIND THE SALE BILL INCULDING SERVICE TAX . THE 
FORMULA OF FINDING THE SALE BILL = 
    AMT. OF CHEQUE x100/ 100-RATE OF TDS 
i,e 88036*100/97.935 = 89892

THEN FIND THE SERVICE TAX AMOUNT BY APPLYING FORMULA 

   =AMT. OF SALE BILL *RATE OF SERVICE TAX /100+RATE OF 
SERVICE TAX 
i,e 89892*10.30/110.30 = 8395 
service tax amount = 8395

Is This Answer Correct ?

3 Yes

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Gopal Khandelwal

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