Answer Posted / surekha goud

TDS means Tax Deduction at Soucre it means where the
income accured. tds is deducted by the company from the
individual, firm, co. for lessthan 10 lacs as follows for
the asst year 2008-09 and 2009-10

Commission , profession , Business @ 10.3%
contracts @ 2.224 %
Sub-contracts @ 1.3%
Interest @ 10.3 %
Rent ( below 120,000/- ) nill when we submit
15H form.



s

IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.

2329

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For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?

5330

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IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .

2280

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Please mail me the TDS rates for the year 07-08? aamirdeba@in.com

1985

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My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

2027

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Who is to paid income tax and what is the procedure of filling income tax return?

1936

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can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax

1676

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Our Company dedduct TDS on the collection charge and claim (rate diff claim, scheme claim, collection charge means , if any party take material directly form our store our company give them frieght charge and deduct tds@10.30%). my question in what category of this type of TDS decution ? is it payment to contractor or what ?

2064

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if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1716

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what was the rate of duty i have to pay if i want to import 1) lubricants(engine oil, etc) 2) grease 3) v-belts(rubber belts used in machines, cars, etc)

2001

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What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?

2404

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If i want to change a proprietor concern yo a partnership concern. do i have to pay full tax on every product i have in stock or just simple make a partnership deed and apply a new pan card and register in sale tax department ?

1984

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CAN TWO VECHILE PASS TO RAJASTAN FROM NASIK ON ON ROAD PERMIT

2016

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if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1809

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HOW MUCH PENALY IF SALES TAX IS NOT PAID ON DUE DATE IN HARYANA SALES TAX

2201

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