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Rent is 50000 and service tax is 6180 what is the tds amount?
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Answer / rahul kumar sinha
TDS DEDUCT ONLY RENT NOT ON SERVICE TAX ITEM
| Is This Answer Correct ? | 13 Yes | 2 No |
Answer / shahezad
The TDS Deducted on the rent including service tax is the right way to deduct the tax ..and if in the case of rent ..the Question regarding the aggregate amount of rent should be 180000 the tds on rent is applicable to aggregate amount of rent is 180000/- in a financial year ...hence the rate of tds is 10% on rent ..but in this case the tds would not be deducted ..
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / kaushik
TDS to be deducted only on Rent amount ,.i.e on Rs. 50,000/-.
| Is This Answer Correct ? | 1 Yes | 3 No |
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