i m geting gross 12250.m i liable for tds ? if s then how
much it will take?
- 2 Answers
- 3832 Views
- TATA, I also Faced
- E-Mail Answers
Answer Posted / k.sridhar
Are you getting Professional Fees or getting monthly
salary. If Monthly salary then no Tax Deducted at Source
involved.You are less than the eligibility norms. In case
of Professional Fees it cross Rs. 20000/- above per year
you are forced to deduct the TDS @ 10.3% on Rs. 127000/-
Regards
K.sridhar
Tirupur
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE
How can a taxpayer get a refund for an overpayment of taxes?
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
what is the full rate of cst/vat of building material ?
for applying way bill for to send the materials from one state to onother state for a part load ( not full exclussive truck load)through transporter,dose it required vehical registration number or only transporter details can do.(as for part load , transporter unable to inform the vehical number in advance).kindly advise.
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
What do you mean by fair rent?
which items should be covered the Entry Tax by HP Govt instead of Purchased
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
What is the rate of Excise duty for all goods Is der any Difference in rate of exice duty for Chemicals And Fabric
Please tell me the rate of service tax of Transportation and the who is liable to deposit the Service Tax, the receiver of service or provider the service
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
what is capital account? how to manage it? what is the process?
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??
