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Tax Deduction at source, Income Tax |
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Tax Deduction at source |
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Whether TDs is deductible on Service tax as charged on the Bill? Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
Yes , if the TDS is made for contract payment u/s 194C, since TDS is on gross payment made except payment made seprately for material sold. But if TDS is on rent u/s 194I the TDS is not dedcutible on service tax portion. In nutshell TDS appicability on TDS portion to be assessed on case to case basis. - CA.Mohammed Lakkadsha Page: 1 Old Query - New Comments are closed. |
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