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    <title>Deduct tax from fees (including service tax) says Board !!</title>
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    <description>The Board&#039;s circular treating service tax included in professional or technical fees as part of the TDSable amount under S.194J is argued to be incorrect because S.194J applies only to fees for professional or technical services, whereas service tax is a statutory levy collected for and payable to the government and diverted to the Central Government; therefore service tax cannot be treated as the service provider&#039;s income for TDS computation and the circular should be rectified to avoid litigation.</description>
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    <pubDate>Thu, 21 Aug 2008 00:00:00 +0530</pubDate>
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      <title>Deduct tax from fees (including service tax) says Board !!</title>
      <link>https://www.taxtmi.com/article/detailed?id=143</link>
      <description>The Board&#039;s circular treating service tax included in professional or technical fees as part of the TDSable amount under S.194J is argued to be incorrect because S.194J applies only to fees for professional or technical services, whereas service tax is a statutory levy collected for and payable to the government and diverted to the Central Government; therefore service tax cannot be treated as the service provider&#039;s income for TDS computation and the circular should be rectified to avoid litigation.</description>
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      <pubDate>Thu, 21 Aug 2008 00:00:00 +0530</pubDate>
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