Assume I paid an advance of Rs 50,000/- from contractor can
we deduct TDS on that amount

Answer Posted / javid

yes,off course we have to deduct the TDS for this amount

Is This Answer Correct ?    9 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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

1062


HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.

9192


Please mail me the TDS rates for the year 07-08? aamirdeba@in.com

1603


Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?

1715


what Is the ITc Claimed. how to utilized the ITC.

1583






What items fall under the category of ‘securities’?

615


How many heads are there under total income?

850


what is the exise limit in granite manufacturing

1494


In our bodyshop wct tax is 13.05% on the whole Labour charges( including opening fitting ,repairing ,painting. Is this justified?

1221


What is the difference between Indian and us taxation

2184


WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS

1664


Pl give the abstract details of Karnataka VAT Payment procedure, rebating, returns filing in connection of manufacture, distributer & retailer.

2973


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

1188


what difference in motvat & cenvat? and why this prepared?

1782


which purchases is profitable for us a building material purchases from direct of contactor ?

1451