Assume I paid an advance of Rs 50,000/- from contractor can
we deduct TDS on that amount

Answers were Sorted based on User's Feedback



Assume I paid an advance of Rs 50,000/- from contractor can we deduct TDS on that amount..

Answer / murugesh

Yes, we can deduct the TDS amount @2% on Rs.50,000/-

Is This Answer Correct ?    21 Yes 0 No

Assume I paid an advance of Rs 50,000/- from contractor can we deduct TDS on that amount..

Answer / javid

yes,off course we have to deduct the TDS for this amount

Is This Answer Correct ?    9 Yes 0 No

Assume I paid an advance of Rs 50,000/- from contractor can we deduct TDS on that amount..

Answer / atyendra pandey

yes

Is This Answer Correct ?    2 Yes 1 No

Assume I paid an advance of Rs 50,000/- from contractor can we deduct TDS on that amount..

Answer / kuldeep dubey

YA OFCURSE I HAVE DEDUCT TDS

Is This Answer Correct ?    2 Yes 1 No

Post New Answer

More Taxation Interview Questions

i wanna p.y tax assistant exam question paper Please send this as earlier as.

0 Answers  


COST OF ASSETS 250000 ACCUMULATED DEPRECIATION 115000 SELLING PRICE 137500 PASS ENTRY FOR THE SALE OF ASSET.

2 Answers   ABC,


What is straight line method......how to calculate, please explain....

1 Answers   TCS,


TCS AND TDS I.T RETURN

1 Answers  


Anybody please explain me what is Branch Transfer and its implications with example.

3 Answers  






Please anybody tell what is a entry for Sales Tax & Income Tax refund received.

2 Answers  


i want for essuing c form .what is the formalties for this according cst department

1 Answers  


I RAISED SALES INVOICE TO DEBTOR GROSS 25000 +S.TAX 3090 TOTAL 28090 AND I RECEIVED 27528 CHEQUE FROM DEBTOR HOW TO ENTER THESE TWO ENTRIES IN TALLY AND HOW TO COMPARE ACCOUNTING STATEMENT

3 Answers  


I am an employee in a private organisation. I purchased one computor for my personal use. can I avail depreciation on that. If so to what extent?

2 Answers  


How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?

0 Answers   Fidelity,


if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?

0 Answers  


who will pay entry tax in E 1 sale ( sale in transit ) buyer or consignee ?

3 Answers  


Categories