What will be the rate of TDS on contractor if the amount paid
in a year crosses Rs.75000/-
Answers were Sorted based on User's Feedback
Answer / rafique
You can deduct TDO on Company @ 2% and Individual HUF 1% as
per law
| Is This Answer Correct ? | 7 Yes | 0 No |
The rates of Tds
Individual & Hindu undivided family @ 1%
For Company @ 2%
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / shukla
TDS deduction as below mentioned:
for PVT.LTD.Co. @ 2%(with Pan No.)
for Proprietorship co.@ 1% (with Pan No.)
in case of without Pan No. should be deduct TDS @ 20%
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / guest
the rates of T.D.S. for contractor is 1% ofthebill amount
after charging Service tax etc.
| Is This Answer Correct ? | 0 Yes | 2 No |
if i am a normal salaried employee and will not come under IT payer slab, if i have received a monitory help of Rs.15lacs from my friend who is staying abroad and it is on returnable basis, how i can show this in my IT remittacnce? is there any taxes i have to pay?. if i am going to payback him every year 1lacs how i have to show this? please suggest me Reg RK
Hello Durgaprasad Sir, iam received a farmat of credit availed and utilized from Excise and Service tax department, but i have no idia for filling this farmat. can you tell me detail about this or tell me where it available in internet.
we have received " c" form against full rate of tax i.e 12.5% from the customers can we summiting in sales tax department for taken a refond as consisnal rate i.e 2% sale against "c" form , but party hasebeen mantion on the back side of from all value inclusive of taxes i.e full rate of tax can we utilised this form for consosnal rate ?
what is the use of 2a,2b & 2c form in cst
wct rate & deposit date in all state
My estimated income for the financial Year 2009-10 will be 485000/- please make a tax plan to escape legally from paying taxes
over all details about tax what is mean by headge fund and detail explanation?
which form no's wiil be used for filing IT,ADVANCE TAX, TDS,VAT,CST,ST,PT,EXICE DUTY,ESI,PF?What is the Due Dates? very urgent
0 Answers ABC, Pat Trade Links,
1.What is the meaning of tranfer income?
What is cenvat credit?
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
what is waybill ? when we supplied a machine to Gujarat from Hyderabad they asked waybill. How it is different from consignment note?