What is TDS ? What is the TDS Rate as per new accounting
period 2008 - 2009
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Answer / rajesh kumar jha
TDS means Tax Deduction at Soucre it means where the
income accured. tds is deducted by the company from the
individual, firm, co.as follows for
the asst year 2008-09 and 2009-10
Commission , profession , Business @ 10.3%
contracts @ 2.224 %
Sub-contracts @ 1.3%
Interest @ 10.3 %
Interest company to company @ 20.60
Rent ( below 120,000/- ) nill when we submit
15H form.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / inderjeet yadav
why we should charge tds.
what happen if we issue payment with deduct tds.?????
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / surekha goud
TDS means Tax Deduction at Soucre it means where the
income accured. tds is deducted by the company from the
individual, firm, co. for lessthan 10 lacs as follows for
the asst year 2008-09 and 2009-10
Commission , profession , Business @ 10.3%
contracts @ 2.224 %
Sub-contracts @ 1.3%
Interest @ 10.3 %
Rent ( below 120,000/- ) nill when we submit
15H form.
s
| Is This Answer Correct ? | 26 Yes | 26 No |
Answer / paul_theoctopus
Go to Income Tax Department website and get authentic
answer.
| Is This Answer Correct ? | 2 Yes | 2 No |
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