What are the new TDS rates for Contractor and Sub Contractor for the F.Y.

Advertise your Business Here

Refer this Site

Login | Sign Up


	Do you have a collection of Interview Questions and interested to share with us!! Please send that collection to along with your userid / name. ThanQ

Categories >> Accounting >> Taxation

Audit Interview Questions

CompanyAffairs CS Interview Questions

Taxation Interview Questions

Accounting General Interview Questions

Accounting AllOther Interview Questions

Question

What are the new TDS rates for Contractor and Sub 
Contractor for the F.Y.2009-10

Question Submitted By :: Vkharbanda1968

I also faced this Question!!

Rank

Answer Posted By

Re: What are the new TDS rates for Contractor and Sub Contractor for the F.Y.2009-10

Answer
# 1

Section	Tax Type	Tax Code	TDS Rate
	Description
Contract (U/s 194C)	AC	A1	1%	Individual 
and HUF Contractor
	IC	I1	1%	Individual and HUF 
Contractor
	AC	A2	2%	Other than Individual and 
HUF
	IC	I2	2%	Other than Individual and 
HUF
	AT	A0	0%	Transport party who is 
having PAN
	IT	I0	0%	Transport party who is 
having PAN
				
Rent (U/s 194I)	AI	A2	2%	In case of Plant & 
Machinery
	II	I2	2%	In case of Plant & Machinery
	AI	A3	10%	In case of Land, Building 
and Furniture
	II	I3	10%	In case of Land, Building 
and Furniture
	AI	A4	15%	
	II	I4	15%	
	AI	A5	20%	
	II	I5	20%	
				
Interest on Securities (U/s 193)	AS	A3	10%
	In all the cases
	IS	I3	10%	In all the cases
				
Interest othen than Int. on securities (U/s 194A)	AA
	A3	10%	In all the cases
	IA	I3	10%	In all the cases
				
Professional Services (U/s 194J)	AJ	A3	10%
	In all the cases
	IJ	I3	10%	In all the cases
				
Brokerage/ Commission (U/s 194H)	AH	A3	10%
	In all the cases
	IH	I3	10%	In all the cases

Is This Answer Correct ?

1 Yes

1 No

Yogesh

Question	Asked @	Answers
Other Taxation Interview Questions


witch one is the best book of Tax preparation tell me as soon as waiting for ur reply .		1
What is the diff between Comercial tax and sales tax?		1
Dear All, Please help me in VAT/CST I would like know about full detail of Vat-1.Rate,2.Form No. & everything which is convern about CST/VAT Thanks Sanjay Kumar		2
how we can calculate the withholding tax for company? who will bear the tax?	Fiat	2
what is fbt? and how to calculate of perks which are give by the employer to employee?	Visa-Steel	1
WHETHER WE CAN REIMBURSE SERVICE TAX?		1
if we are deducting TDS on sodexo .4% means , wht the surcharge & cess in that	IonIdea	1
can anyone answer,how to calculate TDS for the whole year of a person whose salary is Rs 9000 p.m. so his D.A. has risen up quaterly wise for eg, April - June 63%, july to sept 73% which is upto fourth quater		1
WHAT IS MAT		9
Wat is U r stength and weekness		1
What about sur charge on income tax for the individuals who crossed 10lks for the year 2009-10		2
what is the Income tax updated slab?		4
Do companies pay exactly same amt of P.F (as employer's Contribution )as deducted from employee's salary Eg. employee's cont. 5000/- employer's cont. 5000/- is it	ABC	10
Please tell me what is the meaning of equity share, dividends,share exchange,etc, please give me clear & briefly answer?		2
WHAT IS THE RATE OF TDS ON SALARY,RENT,COMMISSION,CONTRACT,INTEREST, BROKERAGE ETC		4
What is the difference between fund flow and cash flow for a company?		1
how many forms of vat return is	ABC	2
i want to leanr the TDS on Salaries and TDS rates		2
I'm collecting TDS Certificate from one of our Customer for Ass. Year 2002-03 today and request IT Dept. to allow this as part of rebate to me, will they allow?? What IT Act says on this.	Voltas	1
what is the rate of TCS tax?	TCS	2

For more Taxation Interview Questions Click Here


Copyright Policy \| Terms of Service \| Help \| Site Map 1 \| Articles \| Site Map \| Site Map \| Contact Us \|

Copyright © 2007 ALLInterview.com. All Rights Reserved.

ALLInterview.com :: Forum9.com :: KalAajKal.com