while making payment for our Forein supplier against import. wheather we have to deduct TDS while remitting payment towards his bills.
Answer / kiran patel
Yes we do need to deduct tds u/s 195 of income tax act 1961
Is This Answer Correct ? | 6 Yes | 2 No |
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
how to pass entry for VAT return adjustment entry?
How to get refund of Service Tax and it comes under which Department ?
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
What is Vendor Reconciliation and how is it done ?
what are organisations pay tds? when?
who is liable to pay excise duty on monthly basis?or what is slab for excise duty liable to pay for monthly,quarterly ro half yearly?
HOw to pass vat adjustment entry while paying vat return?
What is the rate of TDS for commission?
hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.
0 Answers India Infoline, TCS, Wipro,
A person buys and sells a number of vehicles in a tax year and makes a significant amount of profit in the process. Will such profit be taxable as capital gain?
AT 5% will be charged on 70% of Total Amount and Service Tax of 12.36% will be charged on 30% of Total amount