Dear friends please let me know, what % of amount has
deduct from vendors bill for civil supply and instollation
work
Answer Posted / ramachandra
(On assumption that your question is on IT TDS)If it is
single works contract with no separate billing break up for
supply and erection, than deduct 2% TDS on whole contract
value. If this works contract has separate billing break
up for supply and erection than deduct TDS only on erection
portion at 2%.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
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
My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?
I have working with Rs.180000/- I want fill up itr 1st time What is process.
come'?
A Old Government Job retired Personnel who is getting his Pension amount@Rs.11000/- per month. He has put his retirement Fund in Bank Deposit for 1 year. No Bank is deducted TDS on that amount. Do we have any way by which his TDS can be refunded or saved
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
Deferred taxation is a part of which equity?
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.
Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate
Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.
What is tha Central sales tax rate 2010 in andhrapradesh
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
what is the entry tax explain briefly?
Who is to paid income tax and what is the procedure of filling income tax return?