No TDS on ST portion u/s 194 I !!!!

Discussion in 'Circulars' started by Alina, Jan 22, 2014.

  1. Alina

    Alina Member

    I came across a new circular from CBDT stating that no TDS u/s194 I is required to be deducted on ST paid (The reason being as it is not an income to the owner of the property !) Now going by the same analogy can we conclude that for all the provisions of source deduction,TDS is not to be deducted from Gross invoice but on net invoice (net of ST) ? if we take this conclusion it will be in contradiction with Mumbai commissionerates circular which states TDS is to deducted on Gross invoice (i.e., including ST) can anybody through some light on this.....

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