How can deduct tds from auction cases (timber)

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Contractor Limit of TDS Deduction is Rs. 30,000/-, After limit if I receive another 10,000 amount bill then I have to deduct TDS on total 40,000 or only on 10000/-. Pls advise

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when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser

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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?

5 Answers  

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Pls.tell me some website name who display practical question & answers of accounting work. like tds, service tax entry and some more. also provide important knowledge of all taxes.

0 Answers   TCS,

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What is the percentage of CST on Hire Charges(Hire machinery - if suppose we hired one Crusher from West Bengal state's party), Please give clarification?

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We purchase Electricals Cabel for Panel & Fitting for our company, we have issued Form "C" to above material purchase From OGS

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Should we give C form with Freight, Insurance, P&F after CST?

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Any body plz guide me. I have making a invoice of 4% sales tax rate but actual rate of sales tax 5%.

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Please give Leave encashment formula. Profession Tax & Pf or any other Dedecution deduct on leave encashment or not.

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Which goods applicable for VAT @ 14.5 & which goods applicable for VAT @ 5.5% Kindly send us the answer below mail ID?

3 Answers   Creative Garments,

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Can i purchase fuel like LNG against C-form under Haryana Vat Act

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