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...

  1. Categories >> Accounting >> Taxation
  2. Suggest New Category

Can TDS be deducted without the minimum exemption. for rent
if annual rent is 1,50,000 then calculate TDS.

Question Posted / biprover

Answers were Sorted based on User's Feedback



Can TDS be deducted without the minimum exemption. for rent if annual rent is 1,50,000 then calcula..

Answer / manmeet singh

ay 2008-09 if rent >120000
u/s 194i @ 15 % tds will be deducted.

Is This Answer Correct ?    23 Yes 1 No

Can TDS be deducted without the minimum exemption. for rent if annual rent is 1,50,000 then calcula..

Answer / altaf hussain

If the rent is exceeds 1,20,000/- TDS will be deducted on
entire amount i.e.1,50,000/-
Company :
if the amount <1 Crore
Tax : 20%
Education Cess : 2%
Secondery Higher Education Cess : 1%
if the amount >1 Crore
Tax : 20%
surcharge : 10%
Education Cess : 2%
Secondery Higher Education Cess : 1%

Firm :
if the amount <1 Crore
Tax : 15%
Education Cess : 2%
Secondery Higher Education Cess : 1%
if the amount >1 Crore
Tax : 15%
surcharge : 10%
Education Cess : 2%
Secondery Higher Education Cess : 1%

Is This Answer Correct ?    16 Yes 0 No

Can TDS be deducted without the minimum exemption. for rent if annual rent is 1,50,000 then calcula..

Answer / akhilesh dhir

Minimum limit is 120000/- the rate of TDS is 10% no
surcharges and education cess charged on it.



thanx

Is This Answer Correct ?    3 Yes 0 No

Can TDS be deducted without the minimum exemption. for rent if annual rent is 1,50,000 then calcula..

Answer / vijay

no we can't since the Min 150,000

Is This Answer Correct ?    7 Yes 11 No

Post New Answer

More Taxation Interview Questions

My estimated income for the financial Year 2009-10 will be 485000/- please make a tax plan to escape legally from paying taxes

1 Answers  

Hi can any one tell me why the form no 16 a are used and When, where and how to submit it ?

4 Answers  

top ten excise rules????

1 Answers   Ashok Iron Works, Samsung,

Can the CST payments be adjusted with the VAT credit .

5 Answers  

Wether TDS is deducted if its jobwork and VAT is charged on that

1 Answers  

The contractor final bill is 52lac we have calculate 2% tds 104000 so we have which amount paid to contractor

3 Answers  

WHO IS THE AUTHORITY TO PRODUCE "C" FORM, WHERE ONE CAN GET IT.

0 Answers  

What is the Processing to Get TIN (Sale Tax No.) and what the Charges to get it....and in how many days i can get it...from Sales tax Department...Please resolve it Soon...

2 Answers  

I AM SAKTHIVEL,MY QUESTION IS 1.WHAT ARE THE LEDGER TO BE MAINTAINED FOR SERVICE TAX 2.KINDLY EXPLAIN WITH EXAMPLE FOR PURCHASE ALONG WITH SERVICE TAX 3.SALES ALONG WITH SERVICE TAX 4.IN TALLY E.R.P HOW I GROUP THE LEDGER 5.GIVE NECESSARY JOURNAL ENTRY FOR ALL SERVICE TAX RELATED TRANSACTION 6.ANY OTHER IMPORTANT NOTE U WISH TO INFORM ME 7.HOW I CROSS CHECK IT ### PLEASE HELP ME REGARDS SAKTHIVEL

0 Answers  

what is defered revenue tax

3 Answers   Animaster,

What is Profession Tax?

11 Answers  

How many form C we can issue or receive in 1 quarter against Inter state purchase or sales

9 Answers   Alstom, HBL Power Systems, Piyush Industries,

For more Taxation Interview Questions Click Here
Categories