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
- 39866 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / ca nutan gonehalli
TDS is deducted on all expenses including service tax other Rent. Only in case of Rent you need not deduct tax on service tax as their is a notification for the same.
However Tax deduction is not applicable on utilities. so Tax is not deductible on Expenses like Telephone, Electricity etc.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
how many form used in sales tax return from begining to ending?
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
What is the difference between fund flow vs. Cash flow?
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
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.
In advance c form dvat why not showing the amount in form verification
If concern supply garments from outside purchase to movie producer for their production then is it maintain Service Tax if yes then how and at first what steps I have to take?
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar
what are accounting principles
which items should be covered the Entry Tax by HP Govt instead of Purchased
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
If any new form open than we are able to deduct TDS on first year
