When we (Company) deduct surcharge of Contractor (above 10
Lakhs Individual, 1 Crore in case of Company) Pl confirm
the meaning of 10 lakhs and 1 Crore. Either it means
payment made to the contractor in a year by a company or
one & more company (Aggreg. Income). Pl explan in detail.
Answer Posted / harrie007
A co. is required to deduct Tax at Source (TDS) if the
total payments to that particular person exceeds the
specified amount(10 lacs or 1 crores)
| Is This Answer Correct ? | 0 Yes | 2 No |
Post New Answer View All Answers
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
if cst sales and purchase is completed and we issue c form and received c form also.but in next month both sales and purchase are return. my question is how to pass reverse entry when c forms issue/receive. how it cst return also.
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
What is the procedure to take modvat and its form number
About vat, service tax, tds, cenvat
What is meant by Cost of Improvement?
we have some central purchase bill against c form i want c form against this bill what requirment for form because we have not recived any c form from the cst office please advice me what i do . thanks
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
how to calculate and submit to the concerned authority of pf,esi,pt. explaine?
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
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
Define deferred tax liability?
We have got 5 firms. Same partner only running all the firms. Salary is going from one firm. But if we go for PT registration it is asking number of employees. I don't know how to fill the form in online. Any one can help me?