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TMI BlogTDS on service taxX X X X Extracts X X X X X X X X Extracts X X X X ..... TDS on service tax X X X X Extracts X X X X X X X X Extracts X X X X ..... g Commission and TDS, the amount reflected would be commission paid including ST which is not correct as per books as we have credited only commission. Please clarify if TDS is applicable on ST amount. D K Aggarwal Reply By CA Sumit Aggarwal: The Reply: Hi Mr. Aggarwal TDS not to be deducted on Service Tax portion as per CBDT Circular No. 1/2014 dated 13th Jan, 2014. Thanks Sumit Aggarwal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Reply By DK AGGARWAL: The Reply: Dear Sumit Ji Thanks for the prompt reply D K Aggarwal Reply By Manoj Agarwal: The Reply: Dear Sir, The confusion regarding deducting TDS on Gross Bill Amount (including service tax) or on Service Value only has been put to rest by CBDT Circular No. 1/2014 dated 13-01-2014 which is extracted below: "...The Board has decided that wherever in terms of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... agreement/contract between the payer and the payee, the service tax component comprised in the amount payable to a resident is indicated separately, tax shall be deducted at source under Chapter XVII-B of the Act on the amount paid/payable without including such service tax component." In my view, the circular is clarificatory in nature and is applicable retrospectively when the service tax ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... is charged separately in the invoice. X X X X Extracts X X X X X X X X Extracts X X X X
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