Question { 5087 }

Hi Every One..For Payment of TDS under any section, Challan
281 is used. In Challan 281 there is two boxes having name
Company & Non Company. What does it mean. I am working with
Ltd. Company so while paying TDS which box shall I mark.

Answer

You are working in Ltd Company. So you are definitely mark
in company box.

Question { EXL, 10761 }

how to calculate the TDS?

Answer

TDS is calculated on Gross Value as per given below rate

Contract Work:-
1) Company/Firm @2%
2) individual @1%

B) Technical Service
1) Company/Firm/individual @10%

Without Pan card applicable 20% on TDS deduction

Question { 4149 }

THE CUSTOMER IS FROM GOA STATE AND THEY PURCHASE GOODS FROM
MAHARASHTRA UNDER C FORM THAT TIME THE CUSTOMER ISSUED C
FORM ON WHICH AMOUNT TAXABLE OR INVOICE AMT(TAXABLE + 2%)?

Answer

C FORM SHOULD BE ISSUED ON INVOICE AMOUNT.