If some service provider gives a bill having service tax.
say cost of service is Rs 100, He is adding 12.36% sevice
tax. Total comes 112.36. we have to deduct TDS @ 11.33%.
On what amount we should deduct TDS? (on 100 or 112.36 )
Answer Posted / umesh tayal
Tds will be deduct always on gross amount i.e.(112.36), so
TDS Deducted on 112.36/-
| Is This Answer Correct ? | 12 Yes | 1 No |
Post New Answer View All Answers
The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
accounting taxation
how to modify 12% to 13.5% in tallyerp9 release 1.6
A person somehow gets hold of an extraordinary rare bird, keeps it as a pet for two years and then sells it off. Will related profit be taxable as capital gain?
what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
Explain the Calculation of Sales Tax?
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
come'?
HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX
what is CST % applicable on garments sales to other state?
how to caluclate the central exicse duty? how to implemting in to tally ERP9?
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
vat return dates for uttrakhand