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.
Answers were Sorted based on User's Feedback
Answer / janagaraj.b
While the telephone company charging Service tax, TDS may be deducted. It is also a contract between the customer and Telephone company. TDS @ 2.06% to be collected from the telephone bill.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / rk
TDS not to be deducted on telephone bills. Further, In case
of payments where TDS is attracted and where the bill
contains service tax, TDS should be computed on the
consideration net of service tax.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / darshan
Give an explanation for why it is not applicable!!
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / sonu
tds not deducted on telephone bill b'coz this is a exp.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ca nutan gonehalli
TDS is deducted on all expenses including service tax other Rent. Only in case of Rent you need not deduct tax on service tax as their is a notification for the same.
However Tax deduction is not applicable on utilities. so Tax is not deductible on Expenses like Telephone, Electricity etc.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / 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 |
Answer / gaurav
Can all of u who have posted this that telephone expense is not in ambit of tds that why??
after retrospective amendment in sec 9 definition of royalty, in my opinion tds shall be be deducted under section 94J s its scope is observed in meaning of royalty whose tds is covered under 194J.
Still picture is not cystal clear... many different opinions exists..
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rahul jain
tDS NOT DEDUCT ON TELEPHONE BILL
ENTRY
Telephone a/c dr
Service Tax A/c Dr
To Cash A/c Cr
| Is This Answer Correct ? | 1 Yes | 1 No |
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