Interested to Buy Any Domain ? << Click Here >> for more details...
TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT
OR THE INVOICE AMOUNT PLUS TAXES (SALES/SERVICE TAX)?
- 3 Answers
- 14829 Views
- Progressive, I also Faced
- E-Mail Answers
Answer Posted / gaensh
TDS to be deducted on bill amount.Generally TDS is
applicable on service bills,rent,commissions,interest
therefore it is to be deducted inclusive of service tax.
| Is This Answer Correct ? | 17 Yes | 5 No |
Post New Answer View All Answers
We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?
what diff. between Account ,Commerce and Finance?
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
Differentiate between financial year, assessment year and previous year?
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY
If anybody have knowledge about opening for the post of accountant(for Gurgaon/Delhi) kindly mail me verma_moti@yahoo.co.in. I am handling accounting sales tax/vat,Excise,service Tax,Tds and MIS.
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
How to calculate the TDS
How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.
1. Why some companies are not deducting the TDS or WCT on their clients Invoice.,? 2. How companies are getting exemption from Deduction TDS or WCT. ?. 3. What are the procedure for not to deduct the TDS or WCT on client invoice while making payment for their Invoice.?.
About vat, service tax, tds, cenvat
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.
procedure of service tax
when charges PURCHASE @ 12 % TAX RATE ?
