Answer Posted / ravi hasija

TDS
Tax deduction at source
TCS
Tax collection at source

Maainly TDS to be riturned by Advocate, we give him a cd
(made by company's CA) and a statement of tds deducted and
challan deposit detail with copy of challan deposit.
and sent it to advocate and take receipt from him.

rate of TDS
professional charges 10%
contractor 10%
sub contractor 2%

against salary for individual for men:
0 - 160000 NIL
160001 - 250000 10%
250001 - 500000 20%
500001 - anbove 30%


Thanx

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