how to calculate tds on labour charge
Answer Posted / nichit pandurang
1) TDS on labour charges are exmpted for per Bill Amt less
than Rs - 20000 and total bill amt for the FY is less than
Rs - 50000
2) Tds on labour charges before 30th sep is 2.06 for
indivitual & Company for 2.266 percent
2) TDS rate change on 1st of oct 2009 removed cess & S&H
ecess
4) on 1st april 2010 the tds rate was same but not
submition of PAN no it will be 20%
Is This Answer Correct ? | 41 Yes | 8 No |
Post New Answer View All Answers
DEFINATION OF LABOUR ACT?
if waybill issued by consignor , then c form issue whose responsibility?
What do you mean by vat, vat registration total cost hydra bad in which places
when form h, form d, form 38, form h issu , what is the process of get it , who is the liable to get it , any % tax apply against issu this form, please give me answer on my e.mail sonidilip87@yahoo.com
anybody pls tell me about the service tax
what is fbt@ ,sd @
if company is registered in West Bangal and goods are purchased from Maharashtra for export, and export will be done from Maharastra, then who can issue the H form?
Deferred taxation is a part of which equity?
Please tell me the process of generation of TDS in Tally ERP-9 with an Example
'A' is running a manufacturing set up. 'B' sends raw material (after paying CST) to 'A' for manufacutre of his specified product and 'A' keeps 'B's stock in his godown. Can 'A' buy this material from 'B' by raising a CREDIT MEMO and in the books regularises by passing Journal Entry Dr.Raw material inventory and Cr. 'B's Account.
What is total income?
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
should we can take modvat benefit any time or they have some limit time to take input benefit claim?
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
how to calculate of FBT with example & what is Rate