What is minium bill of TDS Deduction
Example
If Contractor give us 1st Bill - 10000/-
2nd Bill - 15000/-
3rd Bill - 7000/-
Answer Posted / vikram reddy
TDS Applicable on minimum bill amount is Rs.20000/- per year
50000/-
if contractor is individual/HUF 1% TDS applicable
if contractor is given the bill in the name of firm 2% TDS
applicable
Is This Answer Correct ? | 50 Yes | 18 No |
Post New Answer View All Answers
whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?
What is CAARO?
What is meant by Cost of Improvement?
I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
What is process CST & Custom Duty Handle in tally Erp 9, with example.
professional tax rate
how we issue the road permit to seller for receiving the rearing material
WHAT IS THE MAIN OBJECTIVE TO ISSUE THE WAYBILL TO THE SUPPLIER ? WHAT IS THE TAX LIABILITY ARISES ? WHO HAS THE OBLIGATION TO PAY THE TAX ?
How Many Category of VAT in West Bengal
At what point excise duty is accrued
What is Vat and how it is adjustable with input vat and what return form required for DVAT?
How many turnover company active TAN no applicable and how many deduction % of service.
Does the tax liability of an individual get affected due to his residential status? If yes, explain.
if i paid interest on tds for ex:- tds deducted on rent for the month of april, may, june rs. 20000 each for month and tds paid on 7th july then i have to pay interest @ 1.5% for rs. 1200 , 900 , 600 respectively , so i wanted to know what is the entry for rising of this interest in accounting software other than tally