Service tax component excluded from TDS when separately stated; TDS must be computed on the net payable amount excluding service tax. Where an agreement between a payer and a resident payee expressly indicates the service tax component separately, tax shall be deducted at source under Chapter XVII-B on the amount paid/payable without including that service tax component, so TDS is computed on the net amount exclusive of service tax.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Service tax component excluded from TDS when separately stated; TDS must be computed on the net payable amount excluding service tax.
Where an agreement between a payer and a resident payee expressly indicates the service tax component separately, tax shall be deducted at source under Chapter XVII-B on the amount paid/payable without including that service tax component, so TDS is computed on the net amount exclusive of service tax.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.