Interested to Buy Any Domain ? << Click Here >> for more details...
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 )
- 16 Answers
- 21767 Views
- Gammon, I also Faced
- E-Mail Answers
Answer Posted / nitin tyagi
Yes,TDS on 112.36 is correct because we deduct on gross
bill amount.
| Is This Answer Correct ? | 17 Yes | 2 No |
Post New Answer View All Answers
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?
What is the difference between excise & service tax?
Kindly, tell me abount the WCT of U.P. material & labour supply for installment of lift in premises at Noida (U.P.), our lift supplier giving the bill in 90% material & 10% Labour & charged the up vat of 12.5% , Can we liable for WCT deductor ?
Need of Bank Reconciliation to a company
What are the various forms used for VAT?
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
calculation of Tds on subcontractor
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka
