Audry Fernandes (nil) 09 June 2010
When calculating TDS does one calculate UDS on Service tax also or does one deduct Service tax and then calculate Service tax
1. That is Bill + service tax and then calculate TDS or
2. (Bill then calculate Service tax )and (bill then calculate TDS) and pay the contractor bill + Service tax less TDS
A V Vishal (Advocate) 09 June 2010
Except from renting of immovable property, TDS has to be deducted on the net value viz. Bill amount plus service tax.
Vineet (Director) 10 June 2010
Agree with Mr Vishal. TDS to be deducted on gross bill except in case of renting of immovable property where TDS has been restricted to Rent component only by specific circular.
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