when to apply tds

Answer Posted / navin

1.You are Prop. Concern when u are cross 40 Lak Sales that
time u will liable ( first year execpt )
2. you are Partner , Ltd, Private Company u will liable to
when we start the company onwards

Commission exceed - 5000/- Rate of TDS 10.3%
Inerest exceed - 5000/- Rate of TDS 10.3% or 20.6%
Contract exceed - Single Bill 20000/-or Whole year
transaction Rs.50000/- Rate of TDS 2.266%
Rent - 100000/- Rate of T.D.S 15.45 (or) 20.45%

Is This Answer Correct ?    9 Yes 5 No



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