Interested to Buy Any Domain ? << Click Here >> for more details...
i want current year tax deduction source please let me
know?
- 3 Answers
- 6244 Views
- I also Faced
- E-Mail Answers
Answer Posted / nageswara rao
1.Section 194A- Other Intrest - Tax Rate is 20.6%
(Threshold Limit is Rs 5000/-)
2.Section 194B- Winning from Lotteries - Tax Rate is 30.9%
(Threshold Limit is Rs 5000/-)
3.Section 194C- Payment to Contractors - Tax Rate is 2.06%
(Threshold Limit is Rs 20000/-)
4.Section 194C- Payment to Advt/Sub Contractors - Tax Rate
is 1.03% (Threshold Limit is Rs 20000/-)
5.Section 194D- Insurance Commission - Tax Rate is 20.6%
(Threshold Limit is Rs 5000/-)
6.Section 194H- Commission/Brokerage - Tax Rate is 10.3%
(Threshold Limit is Rs 2500/-)
7.Section 194I- Rent - Tax Rate is 20.6% (Threshold Limit
is Rs 120000/-)
8.Section 194I- Rent for Plant & Machinery - Tax Rate is
10.3% (Threshold Limit is Rs 120000/-)
9.Section 194J- Professional Fees - Tax Rate is 10.3%
(Threshold Limit is Rs 20000/-)
Above all rates are Company where total payment upto 1 Crore
if it is Company Payment is exceeding 1 crore Surcharges is
calculated @ 10% for every section
There is sepeate tax rates for Individual
| Is This Answer Correct ? | 9 Yes | 1 No |
Post New Answer View All Answers
HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?
what is service tax? how its count? and why its count?
what is the method of work contract tax computation
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
can i adusted our vat credit in W.C.T. payable?
can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax
Explain deferred tax asset?
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
when i send goods out side the state against c form from gujarat to bombay which forms will have to required, where i get it & what process of to get it , please give me the answer on my e.mail sonidilip87@yahoo.com
Hai iam a VAT Registered dealer am a manufacturer and am going to sell my products to unregistered dealers i can pay d 4% vat.. how can i make my bill format for this sgrc.gy@gmail.com. anybdy kno means pls mail me.
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?
