how to calculate the TDS?
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Answer / ashvath
Taxable value X %(percentage)
Without Pan card applicable 20% on TDS deduction
| Is This Answer Correct ? | 19 Yes | 2 No |
TDS is calculated on Gross Value as per given below rate
Contract Work:-
1) Company/Firm @2%
2) individual @1%
B) Technical Service
1) Company/Firm/individual @10%
Without Pan card applicable 20% on TDS deduction
| Is This Answer Correct ? | 13 Yes | 3 No |
Answer / arman
Its Depend on The nature of the company also Nature of job..
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / nagarjuanreddy
Under tax sops or based on this we have calucalte the TDS.
Ex: 80C,80CC etc.
| Is This Answer Correct ? | 4 Yes | 4 No |
if i baught an house @ 1500000 by cash or by cheque for self use then how much tax i liable to pay? if my annual income is not taxable, and the buying power came from earliar old property. plz clearify all asked in one private co.
Hellow this is ravindra wanted to know about excise duty rates pls suggest
what is reverse charges in service tax
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I have some queries about Service Tax, I am working in a Insurance Broking Company. 1) We have raised one bill on 25.04.09 for the services provided by us in the month Mar, 09 Now We received the chq on May, 09 followed in the Month of June,09. When the service tax is actually payable in the month of received of Service tax amount or in the month of services actually provided by us (Mar09) 2) Can we take 100% credit of Service Tax Input paid to those who provided services to us. Suppose Service Tax payable is Rs. 100/- and Service tax charged by the other firms/company Rs. 80/-. The question is That can we deduct Rs. 80/- (already paid). Now Net ST payable would be Rs. 20/- or other percent of service tax input is available 3) What is the rate of interest for Service tax if not paid on time. Pls help me out asap
0 Answers ABB, Chartered Accountant,
If we purchase Inter -state any Plant & Machinery for Works contract for completion of a Project and later after completion of the same if we move that material to other State , Can we get "C" form against this material where we have purchased it. Is there any Notification regarding the same . In which circumstances a Works contractor can get "C" Form ? If against "C" Form a works contractor purchased the material and passed on the material via Works contract to the client whetheer Local VAt rate is also applicable on the same .
1 Answers Tribeni Constructions Ltd,
My income for the current year from Hiring Earth Moving Vehicle to a contractor will be 250000/-my total savings are 125000,payment of my childrens tution fees will be 35000 So mine will be below taxable income .Pl let me know whether there is any chance to escape from TDS obligation.If so Pl let me know the procedure
Who will be authorized to collect Luxury Tax ? Is ther any form of returns for luxury tax? Bar & Restaurants are charging Luxury Tax @10%, is there any accountability for collection of luxury tax.
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Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.
how to calculate tds on labour charge
7 Answers Universal Engineering,