If some service provider gives a bill having service tax.
say cost of service is Rs 100, He is adding 12.36% sevice
tax. Total comes 112.36. we have to deduct TDS @ 11.33%.

On what amount we should deduct TDS? (on 100 or 112.36 )

Answer Posted / pradyut bag

WE SHOULD DEDUCT TDS ON GROSS BILL(RS. 112.36)- THIS IS
RIGHT

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)

1634


WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

1784


can i adusted our vat credit in W.C.T. payable?

3176


1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems

1465


DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?

2852






if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?

4430


whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?

2505


what is the significance of business taxation in private company?

1726


if salary paid per month Rs 80000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

963


How many heads are there under total income? Name them.

756


how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir

1544


What is excise & service tax?

649


interest paid to bank rs.15000 in conection with statutory income tax proceedings.

1640


How tax deduction at source is deducted

1512


Define previous year.

671