Answer Posted / surender gupta
TDS (Tax Deducted at Source)
TDS Rates are depend on services
if the vendor is Contractor then TDS will be deduct 194C @2%
if Professional then 194J 10%
if we are paid the amount for Rent then TDS 194I @ 10% and
if we are paid the amount for rent of mechine & equipment
then TDS 2%
| Is This Answer Correct ? | 12 Yes | 0 No |
Post New Answer View All Answers
Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!
how pass journal entry in the month ending for input vat and out put vat
I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.
By saying, perpetual or periodic inventory system; what do we mean?
Tell us what is the abbreviation for the accounting terms debit and credit?
Can it be possible to transfer FCRA funds to an ngo who don't have FCRA registration no.
what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?
why creditors a/c dr. to discount received a/c ?
i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u
Journalise- opened a saving a/c with S.B.I. ?
Tell me what are the three factors that can affect your cash flow and business profitability?
what is loan operations and what are the complete process form from making customer to closure of loan
what is retention? how caculate on asset
Explain me some of the examples for liability accounts?
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm