Do we deduct TDS while making payment for AMC of UPS /
computer of less then Rs.5000/- if yes then @ what rate?
Answer Posted / rajesh
AS per section 194-C of the IT Act, AMC for Computer/UPS
will cover under this section, but you need not deduct TDS
unless the single payment exceeds Rs.20,000/- or multiple
payment (or the Contract value) during the financial year if
exceeds Rs.50,000/- then only TDS @ 2% (+SC+EC) will be
deductible. In your case, NO is the answer.
Is This Answer Correct ? | 48 Yes | 15 No |
Post New Answer View All Answers
What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-
i want about TDS full details with Limit,Rate and Entry in Tally ?
which is the first liability for pay Service Tax to GOvt
is there easy guide for the latest India tax & accounting information for 2010?
how will one calculate TDS when the bill is with service tax (SAY an AMC bill ) and what treatment will be there when it is a rent bill with service tax. is there any rules in income tax as to deduct double taxation?? pls help with rules sir
I have working with Rs.180000/- I want fill up itr 1st time What is process.
can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.
HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why and when it is applicable? What is Excise Claiming?
What are the Treatment & Implications in interstate sales transactions if party is unregistered dealer & having Exemption Certificate or exempted.
What will be the planned expenditure in the budget 2009-10
What do you mean by vat, vat registration total cost hydra bad in which places
How to calculate sales tax ?
WHAT WOULD BE THE RATE OF DEPRECIATION OF RAILWAY SIDING AT STRAIGHT LINE METHOD UNDER COMPANIES ACT?
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes