What is the TDS ratio applicable on professional fees?

Answer Posted / shravenkumar

As per section 94J since October 2009 onwards
If value of One invoice exceed Rs. 20,000/- 10 %
Or
Value of all invoice during year exceeds Rs. 50,000/- 10%

No surcharge and education cess since october 2009 onwards

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

why are you selecting for the controlling area same company code?

1684


what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?

4405


My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?

1526


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

2986


What are the rates of Depreciation? Like machinery items, wooden items?

1539






EXPAND___________IMA

1625


Meaning of portfolio management?

1612


institutional investors?

1543


How you implemented a chargeback system?

1789


What Is Depreciation, and from which date do we charge Depreciation for an asset ?

1645


What are the types of journal categories available in the Oracle AP?

1648


Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com

1776


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

1619


reason for difference in Balance sheet (Asset side & Liabilites side)

1554


Explain valuation methods of Normal and Abnormal loss

1599