what is process of the TDS deduction?

Answers were Sorted based on User's Feedback



what is process of the TDS deduction?..

Answer / p b jadhav

1.what is the process of TDS deduction?
2. is there necessary to deduct service tax expect from
sec. 194I (on 94A to 94J) ....p b jadhav

Is This Answer Correct ?    2 Yes 0 No

what is process of the TDS deduction?..

Answer / chiranjeevi

As per income tax slab ,
0-2.5 nil
2.5 - 5 is 5%
5 - 10 is 20%
More than 10 lakh is 30%
Note - It is for only individuals who are less than age of 60.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

If possible Vat Charged on Service Tax ?

1 Answers  


IN WHICH SEC OF INCOME TAX ACT 1961 DEPECIATION IS TAXABLE ?

2 Answers  


What is the difference between fund flow and cash flow for a company?

1 Answers  


if we have amc any vendor 25,000 pa. should we deduct TDS

2 Answers   MAHINDRA,


Hi Every One..For Payment of TDS under any section, Challan 281 is used. In Challan 281 there is two boxes having name Company & Non Company. What does it mean. I am working with Ltd. Company so while paying TDS which box shall I mark.

4 Answers  






waht is Entry Tax ? how to sett of vat?

1 Answers  


T-FV-1029 Invalid Challan Input file.

3 Answers   ABi Associates, Rasim Exports,


what is F form E-I form and E-II form?

2 Answers  


A Service provided has provided bill amounting rs. 100000 dt. 30/04/2013 & i have paid amount with 30000 Rs. as on 24/5/2013, & 20000 paid on 7/6/2013 & rest of the amount has been paid as on 15/6/2013 then on which amount TDS has been deducted. may it deducted on Bill amount or payment amount? If bill amount then at which date TDS entry should be done ? & if on Payment date then which date. and if i want to compute interest for late payment of TDS then Which date should be consider for interest payment computation. Do the needful for the same.

0 Answers  


Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You

2 Answers  


what is the process of paid unpaid in service tax

2 Answers   Airtel,


What is the reason of charging surcharges?

2 Answers  


Categories