Assume in a company during the financial year 8 computers has been sold for Rs 68000/- . whether TDS on Income should be deducted from the payment or what?
- 2 Answers
- 3667 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / nilesh kadam
This is a Purchase tranasaction . and charged the VAT
Extra. then not deducated the TDS on certain tranasaction
| Is This Answer Correct ? | 7 Yes | 0 No |
Do we deduct TDS while making payment for AMC of UPS / computer of less then Rs.5000/- if yes then @ what rate?
8 Answers Ask Agro Chemicals, Atlantic BPO,
what is the journal entry of outstanding wages ?
27 Answers ABC, OBI,
Anybody please explain me what is Branch Transfer and its implications with example.
Our Factory in Gurgaon(Hrayana) & our another Branch(Shop)in Delhi.we are stock transfer factory to branch so what form we used & why.Please send me my mail id-rabinayak30@yahho.co.in Thanks(RABI)
Can we get benefit of TDS deducted in FY 2005-06 and I have received Form 16A from Payee in FY 2008-09 i.e after 3yrs.
Why Tds is not deducted on service tax amount of rent bill(let out for business purpose).
2 Answers Mphasis, VNS Accessories,
What is excise & service tax?
If Seller invoice is within the state and material loaded from other state and deliver within the state then the C Form required or not if required than seller arrange the c Form or Purchaser
What is the general entry for TDS certificate received from the debtor of the company?
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
0 Answers OPI Global, Patra Corporation,
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
what is GST and how it work
Audit 
