Interested to Buy Any Domain ? << Click Here >> for more details...
How to calculate TDS on rent when rent is added with
service tax?
- 2 Answers
- 6383 Views
- INDUS, I also Faced
- E-Mail Answers
Answer Posted / sm
suppose rent bill of Rs.5000
and service tax on it 12.36=618
now the net value of bill is Rs.5618
we will deduct the TDS @10% on Rs.5000 only=500
(BDT had issued a Circular No. 4/2008 dated 28.04.2008, wherein it was clarified that tax is to be deducted at source under Section 194-I of the Income-tax Act, 1961 on the amount of rent paid/payable without including the service tax component.)
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
WHAT IS THE PENALTY CHARGE BY THE SALES TAX DEPARTMENT IF WE ARE ENABLE TO FILE SALES TAX RETURN AFTER ONE MONTH FROM END OF THE IVQ-2012-13.
Who are non resident?
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
If any new form open than we are able to deduct TDS on first year
what is rules of taxation
whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?
Please explain how to pass entry for VAT setoff and Service Tax Credit?
What is export under ribet notification number
sir, can you give me clarification briefly how to capitalized and which one capitalized
Sir please confirm job work sale for clothes shat d1 yes & no
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?
What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?
What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-
how form h fill up?
