In a systen design to work out the tax to be paid: An employee has Rs 4000 of salary tax free. the next Rs 1500 is taxed at 10% , the next Rs 28000 is taxed at 22% , any further amount is taxed at 40% , the nearest whole Rs, which of these is a valid boundary value analysis test case ???? a)Rs 1500 b)Rs 32001 c)Rs 33501 d) Rs 28000.

5314

I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.

1854

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786

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916

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1168