Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is TDS what percentage its calculated



what is TDS what percentage its calculated..

Answer / surender gupta

TDS (Tax Deducted at Source)
TDS Rates are depend on services
if the vendor is Contractor then TDS will be deduct 194C @2%
if Professional then 194J 10%
if we are paid the amount for Rent then TDS 194I @ 10% and
if we are paid the amount for rent of mechine & equipment
then TDS 2%

Is This Answer Correct ?    12 Yes 0 No

Post New Answer

More Accounting General Interview Questions

lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples

0 Answers   CPT,


How to Entered The Entry if insurance Claim Recovered of four Wheeler and entry entered in personal Account so give me The entry of insurance claim recovered.

1 Answers   Kotak,


what is reccission?how it is started

1 Answers  


What is the difference between depreciation and amortization?

0 Answers  


contingent goods?

6 Answers   Genpact,


What is the Difference Between Sales Tax and VAT ?

7 Answers  


What are the advantages of computer accounting over paper accounting?

0 Answers  


how to enter in tally propritor has withdrawl cash from the business

1 Answers   Karthik Industries,


I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

0 Answers  


what is bank reconciliation?what is reconciliation of account and what type of accounts maintain in colleges?

3 Answers   Mphasis,


Why t account is called as t account

1 Answers  


What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?

0 Answers  


Categories