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« Service Tax »

TNCCI team meets finance minister, seeks tax exemptions
Top service tax payer made ‘guest assistant commissioner’
Kingfisher partly clears its service tax dues of Rs 70 cr
Push for service tax set to raise rail fares
Budget 2012: Excise, service tax rates headed up as RBI makes it precondiiton for monetary easing
Company Law, FEMA, Service-tax etc information
Finance Ministry may dangle threat of service tax levy on AC travel if rail fares are not hiked
Finance Ministry may dangle threat of service tax levy on AC travel if rail fares are not hiked
Finance Ministry may dangle threat of service tax levy on AC travel if rail fares are not hiked
Telcos seek abolition of service tax on broadband usage
Government may exempt skill providers from service tax in 2012-13 budget


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NO TDS ON SERVICE TAX

January, 28th 2010
With the advent of service tax, an interesting question has arisen whether tax is deductible at source under the IT Act even in respect of the service tax component of the professional fee/contract amount payable to the service provider/contractor.