Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

i am working in pvt company as accountant. but i have one
doubt in case of tds deduction. becouse we have paid
Rs.25000/- to Just Dail Group account as a Advertisement
Expences. I know Rules of Tds deduction Rule no: 194C any
payment to contract (advertisement contract) must want to
deduct tds (1.133%)if u paid advertisement expences more
than Rs.20000/- (one time). but my doubt is this. how much
our assessment value in this creditor. up to 20000 don't
want to pay tds. r we only assessed value Rs.5000 (25000-
20000), ie Rs.56.65 or whole amount (25000)ie Rs.283.25.
anybody can help me

Answer Posted / dileep singh

in this case your assessible value is rs 25000 so you will
deduct tds on this amount TDS AMOUNT IS RS 250/- ONLY IN
2010-11 NO CESS WILL DEDUCT

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

director wife expenses which entry

2032


Is it possible contra entry in SAP FICO

2448


What have you read in the newspapers in the last few days that particularly interested you?

1077


Under what type of account do the unearned revenues fall?

1062


is goods in transit will be liable for entry tax ?

1742


What are the different fields of accounting?

1096


Tell me why did you select accounting as your profession?

1026


Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.

2226


Cello pen gross value is 935.89 for 12 nos 14.5% tax

1992


Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure.

2245


Why does the accounting equation have to balance?

1081


Tell me what is public accounting?

1118


Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.

2367


what is groups and and ledgers in tally can you give why we need to prepare them

2569


WHAT ARE THE MOST ELEMENTS OF YOUR JOB?

1971