circular no.4/2008 dated

[Asked by Guest]

Sir there is any new amendment crossing the circular no.4/2008 dated 28/04/2008 or the same circular is exiting as on today .

please let me knwo

 

Rajesh kumar

[CASeetharaman KC]

As per circular 4/2008 dated 28/4/2008 , it was clarified that TDS needs to be deducted only on the rental payments and not on the service tax charged on these rental payments. This circular still holds good

[YAGAY and SUN]

Whether your query pertains to Income Tax or Service Tax, please clarify, as it has been mentioned under the Service Tax Column.

Sir above quiry is regarding service tax circular no. 4/2008 dated 28/04/2008 this circular is existing as on today or not

 Rajesh kumar

[YAGAY and SUN]

This  is Notification No. 4/2008 dated 01-03-2008 (not the circular) which has been amended by the Notification No. 3/2011-ST dated 01-03-2011.  Through, this amendment, the monetary limit (of Rs. 100000/- as mentioned in the Notn. no. 04/2008-ST/01-03-2008 has been enhanced to Rs. 200000/-) self adjustment of excess service tax  paid for a relevat month/quarter.

[CASeetharaman KC]

Dear Mr Rajesh Kumar

I also find Notification no 4/2008 which is dated 1/3/2008. I am not finding this circular in service tax which you are referring to.I only find Income tax circular no 4/2008 dated 28/4/2008  Would be grateful if you could put up the same here so that we can try to help you on the issue

Sorry sir

I was enquiring regarding TDS on Rent (tds not to be deducted on Service Tax) Circular no. 4/2008 dated 28/04/2008 in whcih it is cleared that you can not deduct TDS on Service tax

My quiry is this still this circular is exiting or we have to deduct the tds on rent on the whole i.e.value + Service Tax both

rajesh

AI Summary

TDS on Rent: do not withhold on the service tax component; withhold only on the rent value.
TDS on rent is to be deducted only on the rent payable and not on the separate service tax component; the income tax circular dated 28/04/2008 provides this clarification and continues to be relied upon, while distinct service tax notifications amending procedural monetary limits do not change the withholding treatment of the service tax element.