Party had Invoice forward Material & Service combine Bill
raise & Service tax service amount on 10.30% raise so that
it is service tax is right claim yes Or No.i have confused
this invoice, i have TDS deduction and how persentage
Deducted Pl reply
Answer Posted / goutam bhalotia
As per provision of TDS , TDS should be deducted if any
payment made on account of commission, interest,
rent ...... etc.... if
In this case we need to go through whetehr particulars
payment is fall under the purview of TDS by nature of
payment and amount.
If it is then
TDS sshould be deducted on the invoice value excluding the
value of material and Sales tax )i.e on value of services +
Service tax.)
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
WHAT IS THE DEPREATION RATE FOR COMPANY, EXPLAIN DETAILD WITH EXAMPLE & ENTERY , PLEASE GIVE ME THE DETAIL OF IT ON MY E.MAIL sonidilip87@yahoo.com
i wanna p.y tax assistant exam question paper Please send this as earlier as.
is there in india the rate of work contract are same in all states if now what are the statewise rate
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
How to calculate sales tax ?
procedure of service tax
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY
Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
Who is an assessee?
If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion
how to calculate vat, st, cst, excise duty, customs duty, tds.
DEFINATION OF LABOUR ACT?
Where can i get IFAM Banglore details, i came to know that there they are giving Accounts & Taxation Training on Real Projects, and they are providing Job after training. I got one number that is not reachable i.e 9591777526. Please give me if any one knows this Institute details.