IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW
MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE

Answer Posted / rajashekar

Irrespective of the
status of the individual
you have to deduct
10% of tds on
commission if it
crosses the limit of Rs
5000 pa,provided if he
furnishes Pan number
otherwise 20% of tds
should be deducted..

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.

1490


While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?

3114


The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.

2916


how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000

1676


What is Cenvat

3221






Explain the Calculation of Sales Tax?

1625


Please let me know the depreciation rates.... com 2011-12.... Vechicle - Computer - Furniture - Tel instrument -

1786


We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....

1413


sir, can you give me clarification briefly how to capitalized and which one capitalized

1640


i want know central excise duty codes with cess?

2284


what is works contract tax? if a contractor made a bill as repairs to machinary 00000000/- service tax 12.36% on 40% on basic value Vat 5% on 60% of the basic value of the bill amount how can i deduct works contract tax? please suggest me?

1730


WHEN I 1ST TIME VAT E-RETURN FILLING WHAT IS THE REQUIREMENT & HOW FOOL FILL THE REQUIRMENT , HOW I GET C FORM THROW VAT E-RETURN FILLING FOR THIS WHAT STEPS NEED FOR ANY REGESTRATION TO GET ID & PASSWORD IF ELSE , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com

1378


Please mail me the TDS rates for the year 07-08? aamirdeba@in.com

1603


How much is the VAT in UAE

933


cst rates

1496