what is tds and why its charged on pament or receipt
Answer Posted / d.naveen
TDS Means Tax Deducted @ Source. it is applicable for
payments olny certin expenses eligable for the TDS aspects
ex,. RENT - when exceed the Rs.10000/- P.a, Interest -
Rs.5000/- above and Commission - Above 5000/-. above all
the items are profit decreas items so I.T impliment the act
for T.D.S whatever u pay the payments u will deduct the
some amount that will be collect to me .
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
What doyou mean by assesment order? and for what purpose it will be passed?
over all details about tax what is mean by headge fund and detail explanation?
If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?
wht do you mean by copmosition of tax
how we issue the road permit to seller for receiving the rearing material
please tell me how to take stock (not enter in purchase) in Tally ERP 9 in Case the goods recived against from FORM 38 The Company sent me consignment for sale on behalf commisson & after sale he want FORM F. so please tell me procesure of TAke the Stock in Tally for the Created Sale Invoice & Tax Invoice. Thank You
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
What is the difference between fund flow vs. Cash flow?
what is capital account? how to manage it? what is the process?
what is D-1, D-2, Vat-C4,
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
what is the procedure for Excisable goods transfer from Head office to branch and vice versa (the branch is located in the same state) also if the branch is located in other states. How will it affect the VAT returns
please let me know how to show the sales to unregisterd dealers in tn ctd new portal and in which annexure to select for filing sales to unregisterd dealers, cash / consumer sales
plzzzzzz help me friend my question is, is the tds of part of income tax and when it deduct from salary and why becose tds is deduct only secoundry primary income like lotory etc..