Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
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)?

Answers were Sorted based on User's Feedback



TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT OR THE INVOICE AMOUNT PLUS TAXES (SALES/..

Answer / 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

TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT OR THE INVOICE AMOUNT PLUS TAXES (SALES/..

Answer / bhargav

Only incase of TDS U/s 194I i.e. for Rent, we should not calculate TDS on service tax amount.

On all other TDS under all sections, TDS should be deducted on service tax also..

Is This Answer Correct ?    8 Yes 1 No

TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT OR THE INVOICE AMOUNT PLUS TAXES (SALES/..

Answer / akhilesh thakur

TDS should always deduct on the net amount of source
income. It never shall be deducted including the Service
Tax Amount. TDS Always shall be deducted on the amount on
which service tax has been charged.

Is This Answer Correct ?    2 Yes 3 No

Post New Answer

More Taxation Interview Questions

we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?

0 Answers   Penam Laboratories,


tds percentage on advertisement add agency

3 Answers  


What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

0 Answers  


WHAT IS EXCISE DUTY.

1 Answers  


if company have receivables Rs 50000 & payables Rs. 65000 then what will be current ratio ?

1 Answers  


If we are late sitting in the office after office Time then any expenses like Fooding charges is made during this hours is taxable under FBT??? If there are Two conditions 1. Staff take reimbursement of such expenses. 2- company directly pay expenses

1 Answers   Honda,


V R MAKING COMMERCIAL CUM EXCISE INVOICE,THEN HOW INVOICE NUMBER CAN BE GIVEN COMBINDLY OF TAX INVOICE/RETAIL INVOICE AND EXCISE INVOICE.

2 Answers   Jade Software,


from pan card how can we know nature of payment(tds related)

2 Answers  


If Seller invoice is within the state and material loaded from other state and deliver within the state then the C Form required or not if required than seller arrange the c Form or Purchaser

2 Answers   Jain Housing,


1.meaning of income tax,service tax,central excise,esi7pf 2.methods of filling above taxes? 3.methods of payment of taxes?

0 Answers  


What is the procedure of geting vat refund for construction division where output is nill?

2 Answers  


how to adjustent the accounts part of the company and how to calculate vat and gst .kindly answer me sir. my e-mail id is:- dipak92.dip@gmail.com

0 Answers  


Categories