Please Help: service tax on TDS and Interest there on due non-deposite.

Posted Date : 27-Apr-2012 , 11:23:15 am | Posted By shailesh

Dear sir/madam, My organisation audited by service tax department they claim short deposit of service tax on TDS for the year 2007-08, We deposited the same along with Interest in March-12, How will show in current return, and in which head.

Category : Service Tax | Answers : 2 | Comments : 1 | Hits : 268

Answers

Answer By: CA VIPIN GARG

Dear Shailesh Ji, In the above case it should be shown as Arrear payment of service tax and which will not be considered as expense at the time of calculation of income tax liablity.

Hope you got the answer you were looking for, have a nice day.......

Answer By: CA Satuti Mahajan

The same amount shall be shown as Arrear Payment of Service Tax.