Hi I would like to know about TDS on Service Tax invoices.We are in rental basis shopping mall.We will raise the bill with service tax.2 types of invoice
1 Rental Invoices with service tax
2. Comman Area charges with service Tax
Please let me know how the tenant need to deduct the TDS
On gross or Basic.......?
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Answer / mahendra rajput
Tenant should deduct TDS on gross bill amount as he has to
pay service tax charged on it. And the tax will be adjusted
when he will file return.
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / ranjan kr pradhan
Tenant will deduct tds on the basic amount of the rent on
land and building.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / indrajit middya
Tenant will deducted a fixed percentage of TDS from salary.and the TDS amount will be pay to GOVT.
If any one provide you any service then he charged Service tax with his fees.If you provide any service to someone then you charged S.Tax.At the end of the year you adjust the Service Tax.
| Is This Answer Correct ? | 1 Yes | 0 No |
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