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