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 )
Answers were Sorted based on User's Feedback
Answer / sd marulasiddappa
No, in these cases we should deduct TDS on Rs.112.36 (full
amt i.e. Basic and Ser Tax).
Is This Answer Correct ? | 47 Yes | 7 No |
Answer / maheshsundram
Yes, Mr. Siddappa is correct. The Gross Bill amount (i.e.
Rs.112.36) have to deduct TDS.
Is This Answer Correct ? | 19 Yes | 3 No |
Answer / nitin tyagi
Yes,TDS on 112.36 is correct because we deduct on gross
bill amount.
Is This Answer Correct ? | 17 Yes | 2 No |
Answer / umesh tayal
Tds will be deduct always on gross amount i.e.(112.36), so
TDS Deducted on 112.36/-
Is This Answer Correct ? | 12 Yes | 1 No |
Answer / upendra prasad
We should deduct TDS On gross bill like ( 112.36) this right
answer ,
upendra Prasad saha
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradyut bag
WE SHOULD DEDUCT TDS ON GROSS BILL(RS. 112.36)- THIS IS
RIGHT
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ravi notani
yes i too agree with the answers everybody given and
i too agree with the same answer the T.D.S should be
deducted on gross amount 112.36%
Is This Answer Correct ? | 2 Yes | 3 No |
What is Tax Refunds ?
What is Sale tax Assessment? When it required ? what is the basic query's to do this??????????
If, we rentout our fixed asset. is this transaction appliocable to service tax
What is the difference between vat scrutiny and vat assesement,what is required document for both.
current sales tax rate of company in India.
SIR, I HAVE SOLD GOODS FORM FARIDABAD TO MUMBAI ON 2007 AND PARTY HAS PAID MY INVOICE VALUE AND NOW WE ASK FOR C FORM , THEY IGROGE TO PROVIDE C FORM AND SAY WE HAVE PAY YOU YOUR INVOICE AMOUNT. SO HOW MUCH PANELTY AMOUNT SHOULD SALESTAX DEPARTMENT WILL CHARGES FROM US IF NOT PROVIDE C FORM. PATY ALSO SAY TO TEL US PANELY AMOUNT ? THEN THEY CAN GIVE PANALTY AMOUNT BUT NOT C FORM ? please reply soon
WHER ISFORM D2 USE.
All Tax Experts We are manufacture assesses registered with the excise department or our office and works area are commercial on rent basis and lease holders charge service tax on rent or raise the invoice on same premises address can we taken credit of service tax, on input services and utilized in Cenvat Credit with Excise pls. Explain me.
What is deferred tax?
anybody pls tell me about the service tax
what is capital good and asset as per excise.
We are purchaseing one machine on duty of payment ( Capital Goods) in the staring of the month financial year 2009-10 at the time of purchase of machine we are not registered with the excise department. But my company registred with the excise department end of the same financial year What can we are taken cenvat credit on capital goods in the year 100% of 50% pls. given the comments or explain me all excise exparts.