Interested to Buy Any Domain ? << Click Here >> for more details...
What is means by TDS ? How to calculate TDS ? TDS Form No. ?
- 7 Answers
- 17695 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rakesh
"Tax deducted at source",is one of the most/way of
collecting income tax from the assesses in india.collection
of tax is effected,when at the source income arrises.
| Is This Answer Correct ? | 36 Yes | 4 No |
Answer / anil
"Tax Deducted at Source" is the tax amount deducted from
the amount payable/ paid to the income receiver, and he
will deposit the amount with the Govt. and the Income
receiver can claim this TDS at the time of filing of tax
returns.
TDS is calculated on the amount paid or payable to the
income receiver whichever is earlier @ specified rates.
| Is This Answer Correct ? | 21 Yes | 3 No |
Answer / sushil paswan
"Tax Deducted at Source" is the tax amount deducted from
the amount payable/ paid to the income receiver, and he
will deposit the amount with the Govt. and the Income
receiver can claim this TDS at the time of filing of tax
returns.
TDS is calculated on the amount paid or payable to the
income receiver whichever is earlier @ specified rates.
TDS From No. is 16B. when salary is less than 150000
tds form no. is 12ba if salary is more than 150000
IN other type of income tds form no is 16a.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / bhavani bv
Hi,
Tax deducted at source means tax payable to government for
the service recieved from your vendor, you will deduct on
behalf of your vendor and make payment to government no his
companies name at the end of the year you will give your
vendor FORM 16A which will contain the acknoweldgement
reciept number with the detail of amount paid.
Then to calculate tds it depends up on the service recieved
if it is contractor 2%, Profeesional fee 10%, Rent 10%.
Salary as per slab ,First you have to catageorie under
which the expenses will fall then the tds rate is
applicable.
TDS form No to remit the company tds is ITNS 281 it has to
be remited every month before 7th.
I hope this will make you feel clear
| Is This Answer Correct ? | 10 Yes | 3 No |
Tax Deducted at Source. when the TDS applicable is At the of payment or credit the bill, which is earlier is eligible for TDS after threshold limit exceeds.This FY 2010-11 is different types of threshold limits are there.
1.before 30.06.2010
2.after 01.07.2010
| Is This Answer Correct ? | 5 Yes | 1 No |
tds means tax diduected at source. it is one of the way tax
for collecting.it is collected in three times in a year.
| Is This Answer Correct ? | 5 Yes | 4 No |
Answer / babu
Tax deduction at source. TDS generally calculate on while
making payments to other parties.
| Is This Answer Correct ? | 9 Yes | 9 No |
is tds applicable on octroi charges?
What is 43B in an Indian Taxation?
3 Answers Genpact, GET Engineering Construction,
How to Calculate Vat?
who will able to deduct the tds
what is surcharge. when it is chargeable. show all information about surcharge
HOW TO CALCULATE MY EPF INTEREST? IF I HAVE JOINED TO A COMPANY ON 1ST FEB'08'& RESIGNED ON 31ST DEC'09', THEN WHAT WOULD BE MY EPF INTEREST? MY BASIC IS RS.7500/-PER MONTH? STATE BRIEFLY
4 Answers Khalsa Tubes, Reliance,
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
I have deducted the tds against advace payment on 150000 ie 3000 paid to govt, in jan month in april month i rec 300000 bill so how to adjust the previous advance tds in this bill
I want to know for Financial year 09-10 i.e 01.04.09 to 31.03.2010 what is the Assessment year
What is MAT stands for?
The party has raised service bill for Rs. 120000. The TDS deductor company made TDS on Rs. 100000 i.e., Rs.20000 is deducted on the gross bill of Rs 120000. My question is whether to deduct TDS on Rs.120000 or on Rs. 100000?
Audit 
