Can any one provide me CBDT Circular regarding TDS to be deducted on gross value i.e. including service tax.
From India , Gurgaon
Attachment has CBDT clarification. rgds Vishwanath
From India , Bangalore

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File Type: pdf acr31a.tmp_414.pdf (348.9 KB, 288 views)

Dear Memebrs,
I had gone throgh the circular issued by Income Tax Office, but I do not understand till that why TDS should be deducted on income which is generate by us for the Goverment of India.
This mean we are blocking almost 20 % Extra Anount from our cash flow toward tax liablities.
I think as a group we need to find some solution regards to the same.
Details of TDS
Income 10,000/- Services Tax 1236/- Total 1236/- TDS on this is 1236/- where in actual your TDS should be on 10,000 which works to 1030/-

From India , Mumbai

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