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TMI BlogApplicability of TDSX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether TDS provision U/s. 194C and 194J of the Income Tax Act will be applicable on the gross contract amount payable (inclusive of service tax) or net contract amount payable (exclusive of s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ervice tax) - Reply By V Ramanujam - The Reply = The Circular given by CBDT covers only 194I i n this regard. Thus, it is logical that TDS should not be applied on service tax portion relating to p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ayments falling u/s 194C / 194J also, it is not supported by the provisions/Circular of the board as of now. - Reply By V Ramanujan - The Reply = The exclusion of service tax is only for s.194I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and not for 194C or 194J . I tink the TDS is only on the gross amount incl service tax - Reply By CA. R.K. Aggarwal - The Reply = CBDT in its clarification to Bombay Chamber Of Commerce Industr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y vide letter dt 30.06.08 has clarified that 'payment u/s 194-I differ from payment u/s 194-J as in case od 194-I, TDS has to be deducted on any Income paid as Rent. However u/s 194-J , TDS is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be deducted on any sum paid as professional fees. CBDT had decided to exclude TDS on s. tax component on rent because s.tax is nt income - Applicability of TDS - Query Started By: - Hamonta Sarm ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ah Dated:- 13-6-2008 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanageme ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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