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.

Answer Posted / saurabh gupta

Yes ofcourse ,the total amount of bill is Rs 56,180(50,000
+ 6180) .As per the provisions the TDS is to be calculated
on the total amount payable as in this case it os Rs 56,180
CONCLUSION : TDS on Rs 56180.
For more detail you can contact me by mail.
thank you.
saurabh gupta

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax

2008


What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.

1737


Hello Sir, Please send the knowing calculation of attrition rate?

1915


how to calculate and submit to the concerned authority of pf,esi,pt. explaine?

2257


Are woollen Blankets (Rugs) taxable under CST ? Can unregistered party sell it.

1622






what is the significance of business taxation in private company?

1813


Sir Kindly tell me Where is the best institute fir SAP(FICO-CIN and New GL module specially) in Hyderabad ASAP. Regards Om 9910699167

1985


what is deemed sales? how to calculated

1840


Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.

1834


How to working service tax in excel sheet?

1887


What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return (Haryana)

1579


THERE IS EXCESS TDS REMITTED UNDER SECTION 194 H IN EACH MONTH STARTING FROM APRIL 2011 TO DECEMBER 2011.THIS IS DISCOVERED IN JANUARY 2012. THE QUARTERLY RETURN IS YET TO BE FILED. HOW TO TAKE EXCESS CREDIT IN FILING QUARTERLY RETURNS ? WHETHER EXCESS TDS CAN BE ADJUSTED AGAINST REMITTANCE OF TDS FOR JANUARY 2012 (UNDER 194 H ONLY)AND THE BALANCE ONLY CAN BE REMITTED? IF SO, HOW TO GIVE THE CHALLAN REFERENCES IN THE RETURN?

1868


if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount

1554


What is the current vat amount of aluminium goods like dishes, buckets etc hsn code is 7615-19

1280


for applying way bill for to send the materials from one state to onother state for a part load ( not full exclussive truck load)through transporter,dose it required vehical registration number or only transporter details can do.(as for part load , transporter unable to inform the vehical number in advance).kindly advise.

1636