IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW
MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
Answers were Sorted based on User's Feedback
Answer / sunil malik
if u r other den individual or huf den u hve to pay 10% tds, and pan card is required otherwise 20% tax will b deducted
Is This Answer Correct ? | 9 Yes | 2 No |
Answer / rajashekar
Irrespective of the
status of the individual
you have to deduct
10% of tds on
commission if it
crosses the limit of Rs
5000 pa,provided if he
furnishes Pan number
otherwise 20% of tds
should be deducted..
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / arvind kumar
As per Section 194H Commission amt. should be 5000> for
applicable 10% TDS if you pay to local agent of Rs. 5000 pa.
it's not applicable for TDS
Is This Answer Correct ? | 1 Yes | 0 No |
what are taxes imposed in mumbai if goods comes from vijayawada to mumbai
Excisable material sold without charging excise duty, Now after 3 months, I am issuing Suplimantary bill to party for Excise payment, now please tell me the interest need to pay for this and also is there need to pay interest if i have sufficiant amount of cenvate credit balance in these 3 months.
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
how to compute service tax?
Is car hire charges attract FBT?
input vat and out put vat how it shows in profit and loss account
How can I calculate Depriciation on Fixed AND CURRENT ASSESTS ?
what is vat.how it calculated.example i purchased Rs.5000.how much percent charged vat.how post entry
WHAT IS CST
what is the journal entry if bank deducted tds on commision
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
what is "c" form?