Company should deduct TDS or not if Company is paying the
amount directly to the Sub-Contractor by Debiting the A/c
of Contractor and Crediting the A/c of Sub-Contractor ??
Rate??
Answer Posted / surekha goud
company should deduct the tds and debiting to the sub
contractor account @ 1.2 % for below 10 lakhs contract . for
this the company should issue the tds certificate ( form 16
A). to the sub contractor.
| Is This Answer Correct ? | 18 Yes | 2 No |
Post New Answer View All Answers
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.
What are the various forms used for VAT?
can i adusted our vat credit in W.C.T. payable?
What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-
If we issue a new sale invoice after issuing a Credit Note to the coustomer, for the previously issued sale invoice on which Central Sales Tax @2% was Paid previously,whether we will be liable to pay for charging the sales tax on new invoice and pay to the sales tax department.
We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
Who advance tax is the asset for company? What are the accounting entries of advance income tax
what is rules of taxation
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
Which is the section or rule for non submitting c forms panelty and interest
how to calculate of FBT with example & what is Rate
please explain what is actually E-15 what is its process and also what its importance.
Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.
What is meant by asset clearance . how should i make my entries in tally