What are the new TDS rates for Contractor and Sub
Contractor for the F.Y.2009-10
Answer Posted / yogesh
Section Tax Type Tax Code TDS Rate
Description
Contract (U/s 194C) AC A1 1% Individual
and HUF Contractor
IC I1 1% Individual and HUF
Contractor
AC A2 2% Other than Individual and
HUF
IC I2 2% Other than Individual and
HUF
AT A0 0% Transport party who is
having PAN
IT I0 0% Transport party who is
having PAN
Rent (U/s 194I) AI A2 2% In case of Plant &
Machinery
II I2 2% In case of Plant & Machinery
AI A3 10% In case of Land, Building
and Furniture
II I3 10% In case of Land, Building
and Furniture
AI A4 15%
II I4 15%
AI A5 20%
II I5 20%
Interest on Securities (U/s 193) AS A3 10%
In all the cases
IS I3 10% In all the cases
Interest othen than Int. on securities (U/s 194A) AA
A3 10% In all the cases
IA I3 10% In all the cases
Professional Services (U/s 194J) AJ A3 10%
In all the cases
IJ I3 10% In all the cases
Brokerage/ Commission (U/s 194H) AH A3 10%
In all the cases
IH I3 10% In all the cases
| Is This Answer Correct ? | 13 Yes | 1 No |
Post New Answer View All Answers
assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose
how to modify 12% to 13.5% in tallyerp9 release 1.6
what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
80DD Dediction
How to show reject material in ER1
How to adjustment of CST ? and also tell me about C-Form affairs ?
what is WCT rate in chhattisgarh
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.
What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com
what are accounting principles
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
Pls can you write briefly about procedure of Auditing of VAT, Service Tax and Central Excise?
WHAT IS DEFERRED TAX LIABILITIES.AND WITH EXMPLE DEFERRED TAX ACCOUNTING?
At what point excise duty is accrued