Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


Should I deduct TDS for Dyeing Charges in Garments
Industry? If yes what is the percentage under which group
it will come?

Answers were Sorted based on User's Feedback



Should I deduct TDS for Dyeing Charges in Garments Industry? If yes what is the percentage under ..

Answer / rupan

if your payment for dyeing charges to a same party(outside
party other than your employee) exceeds Rs.20000 or your
total annual payment to a same party exceeds Rs.50000 you
need to deduct TDS at the rate of 2% plus surcharge 10%(if
your total annual payment to that party exceeds one crore)
plus e.cess 3%. This comes under TDS on Contract.

Is This Answer Correct ?    9 Yes 2 No

Should I deduct TDS for Dyeing Charges in Garments Industry? If yes what is the percentage under ..

Answer / murali

yes, When Your Tds Amount Exceed of Rs. 20000/- Per Month
or Rs. 50000/- Annualy then tds is Applicable. The
Percentage will be calculated based on the services like,
Contact, Sub-Contract, Prof. etc

Is This Answer Correct ?    6 Yes 4 No

Should I deduct TDS for Dyeing Charges in Garments Industry? If yes what is the percentage under ..

Answer / prabakar

If it is a contract then tax is 2% surcharge 10% Edcucation
Cess 2% and Hr.Education Cess 1%

Is This Answer Correct ?    2 Yes 5 No

Post New Answer

More Accounting AllOther Interview Questions

What is Average Due date

6 Answers  


what is meant by fixed deposit?

5 Answers  


Difference between funds flow statement & Cash flow statement

3 Answers   Capital IQ,


what is forecast

0 Answers   IBM,


Expand ------ALH

1 Answers  


Can you say the Sub-Fields of Accounting

2 Answers  


Give simple definition on Dual Entity Concept

3 Answers  


is 'loan' categorized as billpayable?explain

2 Answers  


Expand---------BCDS

3 Answers  


What is the theory for the balance sheet? Also how do you solve errors?

1 Answers   Wipro,


what is tds rate 2009-10 for 1.contractors 2.commission 3.advertisement

3 Answers  


Which one of these two (SAAP & GAAP ) software you prefer to use and why?

1 Answers  


Categories