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 / p r chander
There is no TDS to be deducted on Telephone bills
| Is This Answer Correct ? | 82 Yes | 5 No |
Answer / praveenkumar
the telephone charges are comes under fringe benfit tax (
fbt ) which company will pay and show as a expenses in
companies account so fbt will pay on total amount of
telephone charges which includes service tax. There is no
TDS to be deducted on Telephone bills.
| Is This Answer Correct ? | 14 Yes | 1 No |
Answer / p. navaneetha krishnan
TDS Can't be deducted aganst Telephone Bill and Telephone
Charges to be debited only to the extend of Rs.50,000/-.
And Rs.6180/- to be debited against Service tax this need
to be adjusted against service tax payment, provided if
your company is registered with Serviice Tax.
| Is This Answer Correct ? | 22 Yes | 12 No |
Answer / prabhash jain
TDS is not applicable on telephone bill, the entry is as
follows:
Telephone Ex Dr. Rs. 50,000
Service Tax Dr. Rs. 6,180
Cash Cr. Rs. 56,180
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / praveen.kp
TDS IS NOT DEDUCTED ON THE TELEPHONE BILLS.
THE ENTRY IS AS UNDER
TELEPHONE EXP DR
SERVICE TAX DR
TO CASH
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / santosh hire
TDS is not applicable for telephone bill so book value in
telephone chages and service tax separatly.
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / praveen
No TDS is deducted on the telephone bills, since telephone
services are falls under any of the TDS
category(contract,professional,commission & rent). Hence TDS
is not applicable for Telephone bills.
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / upendra saha
TDS is not applicable on Telephone bill , so you have deduct
on party of Rs. 56180/- ,
| Is This Answer Correct ? | 5 Yes | 2 No |
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