Subscribe to BCA Journal Know More

February 2014

No TDS to be deducted on Service tax component – Circular no. 1/2014 dated 13th January 2014

By Pinky Shah, Sonalee Godbole, Chartered Accountants
Reading Time 1 mins
fiogf49gjkf0d
CBDT has clarified that where as per the terms of contract, service tax is indicated to be charged separately to a resident, TDS would not be deductible on such component of service tax for all items covered under Chapter XVII-B of the Act.

Download PDF

You May Also Like

Clarification on conflicting views of Courts on the issue of disallowability under Section 40(a)(ia) of the Act – CIRCULAR NO.10/ DV/2013 [F.NO.279/MISC./M-61/2012-ITJ(VOL. II)], dated 16-12-2013

Certificate of Lower deduction or non-deduction of tax at source under section 197 of the Income-tax Act, 1961 – matter regarding. – INSTRUCTION NO 1/2014, Dated: 15th January, 2014 (reproduced)