Interested to Buy Any Domain ? << Click Here >> for more details...
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.
- 21 Answers
- 40648 Views
- ABC, I also Faced
- E-Mail Answers
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 |
th point in when will details wil get filled in ER1 2a and 2B?capg
TDS Rate is applicable on Technical Testing & Analysis
What are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
how esic be calculated? On basic salary or earned salary? If i have gave advance salary to an employee in last month then how should i deduct the salary take an example if salary of an employee is Rs. 4750 and i deduct rs. 83 as esic contribution in current month if i've gave 83 in advance in last month then how much money exactly i give him. means esic cut on 4667 or 4750?
please Clarify between TR-6 and gar-7 challan.
26 Answers Alps, Simran International,
How to file the sales tax returns. I am new to this feild. pls help me.
If the total material cost of secondary steel products @ BSL, Jharkhand, is Rs.30 lacs exclusive of VAT @ 4%, ED @ 8.24%, TCS @ 1%, and the buyer is registered under the Company's Act, 1956 in Bihar, and carrys VAT & CST certification but no ED registration, then what would be the proforma of purchase invoice ? And if the Buyer sells the above materials with the conversion charges or profit of Rs.5 lacs within Bihar, what would be the proforma of Sale Invoice ?
What is rate of tax applicable in absence of central declaration form in state of Haryana. against "C" form rate is 4% & Local VAT is 12.5%. Pl. help.
what is tax rate in haryan with surchage agst D1 form , C form and full rate of tax in haryana
Define the 'Input Tax' in respect of Service Tax Act. What type of Input tax can be taken for the credit of tax payble?
What's format of CMO & CMA Data?
what is the Difference between Compound Sales and Deemed Sales?
Audit 
