Interested to Buy Any Domain ? << Click Here >> for more details...
What is the TDS ratio applicable on professional fees?
- 5 Answers
- 10021 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh
as per IT 194J professional fee or technical Fees or
Consultancy Fees.TDS is 10% SC-10% Cess-3%. and the amount
exceeds Rs.20,000/-.
| Is This Answer Correct ? | 31 Yes | 6 No |
Answer / prasad
AS per the income tax act sec 194 J proffessiona fees
and technical servises TDS is 10%,and the amount execeeds
20000 p.a
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / shravenkumar
As per section 94J since October 2009 onwards
If value of One invoice exceed Rs. 20,000/- 10 %
Or
Value of all invoice during year exceeds Rs. 50,000/- 10%
No surcharge and education cess since october 2009 onwards
| Is This Answer Correct ? | 3 Yes | 1 No |
What is the uses of invoices? how many types of invoices, and difference between invoice and voucher, invoice and bill?
what is composition vat
why funds management doc is generated during migo and miro
What's the method to prepare the MIS Report? or What's the Step of prepare of MIS Report?
PERSONAL DETAILS
EXPAND___________JEE
Contra entry with example?
40 Answers Industrial Power Supplies, PVS Advertising,
How to get FIRC from Bank & How many days to take time inflow statments submation fo Bank?
How to calculate salary structure( PF, ESI, Gratuity, CCA, HRA, etc)
WHAT IS THE MEANING OF BLUE CHIP COMPANY?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Expand ________CAP
Audit 
