how we can calculate the withholding tax for company? who
will bear the tax?
Answer Posted / mohd abdul qader
The term With holding Tax has same meaning as that of TDS.
in India, if a company pays any fee, royality, commission
or brokerage to a person who is not a resident, then the
company shall deduct with holding tax according to rates
prescribed by DTAA (Double taxation Avoidence Agreement)
and shall remmit such tax to the government treasury
| Is This Answer Correct ? | 12 Yes | 3 No |
Post New Answer View All Answers
certificate of export is for which items?
From Karnataka,while sending material out, which are all the states required Form 38?
Hi,when we pass a clearing entry of paid and unpaid tax how do we show the business area the way the business area can be seen.is there any change that i have to do in the configuration of this GL.my client wants that the business area also reflects when we post the gl.please help.
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
how we creat e-vat return in tally for punjab
we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
what is highseas purchase and sales? how is custom duty calculated? what are the criteria for a person dealing in shares comes under tax audit? whether all equity oriented fund are eligble for stt?
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
treatment of Service tax and TDS
What is income tax? How is it calculated?
cst rates