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...

  1. Categories >> Accounting >> Taxation
  2. Suggest New Category

TDS IS TO BE DEDUCTED ON WHICH AMOUNT - THE INVOICE AMOUNT
OR THE INVOICE AMOUNT PLUS TAXES (SALES/SERVICE TAX)?

Question Posted / jagannath s

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

Which goods applicable for VAT @ 14.5 & which goods applicable for VAT @ 5.5% Kindly send us the answer below mail ID?

3 Answers   Creative Garments,

Explain the Calculation of VAT ?

1 Answers  

in excsie what is the function of PLA register?

1 Answers   Private,

which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes

0 Answers  

please share fy 2017-18 salary tds auto matic excel utility

0 Answers  

if the sales are completely credit based(6 months)..how can we enter in the current month VAT 200 form?

1 Answers  

What is the difference beteen service tax & Excise Duty ?

1 Answers  

what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?

1 Answers  

What are the present TDS rates for various transactions in Indai.

4 Answers  

can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax

0 Answers  

what is cst and what is rate of cst in 2010

4 Answers  

Procedure to file TDS Returns?

0 Answers  

For more Taxation Interview Questions Click Here
Categories