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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

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