Is t.d.s deducted on Freight including Service Tax ?
Answers were Sorted based on User's Feedback
Answer / pardeep
TDS will be deducting by leaving the service tax factoru
for example:
freight 100-00
service tax 12-36
tds will be deducted on freight amount only i.e rs 100/=
| Is This Answer Correct ? | 42 Yes | 27 No |
Yes, TDS will deduct including Service Tax,
Only in case of Rent TDS will deduct excluding service tax.
| Is This Answer Correct ? | 15 Yes | 2 No |
Answer / prashanth
Yes, TDS will deduct including Service Tax, But in case of
rent TDS will not deduct up to amt 150000/- pa. after words
TDS has to deduct 20% for company, 15% for Individual &
HUF. Other than this, TDS is exempted for some cases those
having exemption certificate under terms & condition
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / manish kumar shah
yes tds will be deducted on freight including service tax
if only there is no bifurcation of freight amount and
service tax amount otherwise the on bifuracation of both
amount the tds will be deducted on freight amount only but
as a common practice the person deduct tds on the whole
amount
| Is This Answer Correct ? | 3 Yes | 1 No |
what is fillup form when company issue c form
What is the present rate of T.D.S and what is the tax for person salary at present
8 Answers Accenture, Accounting, B Jain Publishers, College School Exams Tests, Monika Telecom Pipes, Net Edge, Wipro,
our manufacturing company, i have received different type of excise bill. for ex. abc invoice purchased oil 17966.88 qty @54.80 inducing excise duty 14% tn how separate rate n excise calculated
Sir please confirm job work sale for clothes shat d1 yes & no
What is different in balance sheet & trial Balance sheet ? Provisions entry in ending year ?
What are the types of provident funds?
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
When we (Company) deduct surcharge of Contractor (above 10 Lakhs Individual, 1 Crore in case of Company) Pl confirm the meaning of 10 lakhs and 1 Crore. Either it means payment made to the contractor in a year by a company or one & more company (Aggreg. Income). Pl explan in detail.
What is a service tax?.How to pay the service tax return?
what is fringe benefit tax
How much cst will be charged on a laptop which is to be delivered from Karnatka to Gujarat?
How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.
2 Answers DELL, Event Management, HCL, Mohrish Pharmaceuticals, Phoenix Cars,