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 )
Answer Posted / ravi notani
yes i too agree with the answers everybody given and
i too agree with the same answer the T.D.S should be
deducted on gross amount 112.36%
Is This Answer Correct ? | 2 Yes | 3 No |
Post New Answer View All Answers
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
Why service tax payable is not considered while calculating Wct Tds.
What items fall under the category of ‘securities’?
Hello! My annual salary is @ Rs.6,00,000/-. What would be the TDS applicable for me per annum/per month. I am also contributing to EPF @ Rs.9360/-.
What is VAT TDS? when it is applied & at what rate?
How to calculate the TDS
I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax
sub hadding no. scrap & Wastage in corrugated box
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
on earth moving road work which type of tax is applicable?
where is applicable WCT & what is limitation for applicable it on company.