Answer Posted / vishu.u.s
TDS ( Tax Deducted at Source ) is the amount of Tax deducted from the payment of some expenses or fee by the payer of such expenses.The nature of payments comes under TDS and the rate at which it is deducted is mentioned in Income Tax Act 1961.
Examples of such Payments : Salary, Interest, Professional Fee,Payment towards winning from Lottery, Cross word puzzle, card games etc.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?
what is the significance of business taxation in private company?
what is the full rate of cst/vat of building material ?
what is excise duty and how can we mantain its account in outgoing and incoming of bill status.
A Norwegian Company rents some equipment to a customer in India. The Norwegian Company does not have an office in India. The new tax regulations make in mandatory for them to furnish a PAN number without which a with holding tax will be deducted. The Norwegian company will be paying tax on this rental income in Norway. India and Norway have a Double Tax Avoidance Agreement. I wish to know 1) Is it possible for the Norweigian company to avoid the with holding tax in India?
What are the streamlined sales and use tax agreement?
ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return
if waybill issued by consignor , then c form issue whose responsibility?
in relation to pioneer industries, explain the following terms:1,production day. 2,certificate of qualify expenditure. 3,income tax relief. 4,pioneer certificate 2. list seven pioneer industries which fall under pioneer status as contained in the industrial development act 1971
I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me
professional tax rate
What doyou mean by assesment order? and for what purpose it will be passed?
what is fillup form when company issue c form
I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka
how to creat e-vat return in tally
