How TDS Is Calculated
Answers were Sorted based on User's Feedback
Answer / priyul
TDS will be deducted as par rates specified in Finance Act &
there is also some limits. If payer pays amount beyond
limit specified than payer has to deduct TDS. It is
calculated on amount paid. If recipient does not have PAN,
than 20% of amount paid.
| Is This Answer Correct ? | 12 Yes | 1 No |
tds will be deducted as per rates income tax and the payment
made by the payer to deduct the tax and thereafter to pay
the amount to the payee if does not pan number will be same
rate except other case
| Is This Answer Correct ? | 0 Yes | 2 No |
what is Form "C"
WHAT IS THE DITECT TAX ?
what is the tax of business income ?
Define the 'Input Tax' in respect of Service Tax Act. What type of Input tax can be taken for the credit of tax payble?
our manufacturing company, i have received different type of excise bill. for ex. abc invoice purchased oil 17966.88 qty @54.80 inducing excise duty 14% tn how separate rate n excise calculated
what is the diffrence b/w TIN and CST both are same?
T-FV-1029 Invalid Challan Input file.
3 Answers ABi Associates, Rasim Exports,
applicability of vat and applicability of cst in karnataka
how to deduct tds on rent? how to deduct service tax?
What is the FORM F ? And when we are going to use it ?
Breif discription of excise duty ?
HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?