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How to identify whether Service Tax & TDS is applicable or not for an bill?


In what are the cases, Service taxes & TDS are being charged..?

If any bills come, I have to check whether this Bill would applicable for Service Tax / TDS & The tax rate which they have charged correct or not.

In the same way, When i pay any bills, i have to deduct & pay the bills. In this circumstances, i have to be very clear on this issue.

Can anybody provide me the information..?

It is VERY VERY helpful for me as I just started my Career in ACCOUNTS & FINANCE.

Your HELP & REPLY would be appreciated GREATLY.

The answer which have been already asked by me. But, not getting corrrect answer.

Any improvement would be appreciated greatly.

Thanks in advance.

ngr.

When you are raising any Bill relating to any service being provided by U; U R required to bill service tax also if any taxable service is involved.Click on the link below for details of taxable services
http://www.allindiantaxes.com/taxableser...
Further, on several payments such as rent or professional fees and fees to contractor or payment to non -resident TDS is applicable click on the link below for details
http://www.allindiantaxes.com/income-tax...
As far as incoming bill is concerned; you can only avail credit of service tax paid if it is input service for you as per link below
http://www.allindiantaxes.com/service-ta...

Thnx a lot...... Report It

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