Interested to Buy Any Domain ? << Click Here >> for more details...
Telliphone Bill amount is Rs. 50,000/- and Service tax
(12.36%) is Rs. 6180/- Total 56180/- is going to Debit a/c.
my question is Tds caluculation made for what amount.
(50000/- or 56180/-) pl give me correct answer.
- 21 Answers
- 39833 Views
- ABC, I also Faced
- E-Mail Answers
Answer Posted / praveen
No TDS is deducted on the telephone bills, since telephone
services are falls under any of the TDS
category(contract,professional,commission & rent). Hence TDS
is not applicable for Telephone bills.
| Is This Answer Correct ? | 5 Yes | 1 No |
Post New Answer View All Answers
Define the term person?
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 income tax? How is it calculated?
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
What is excise & service tax?
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
What is the different between Excise Invoice and Invoice
updated rates of sales tax & VAT in Maharashtra
we charge service tax in our Invoice.we pay it in time. At the end of the year other party gives his deduction as certificate. what to do with it ? how to submit again to tax authorities?
How many types of vat categoryplease tell me all type of vat categories..............
i dont no what is tcs and tds what the use and how to calculate Tcs&Tds
How should the personal assets of a salaried employee be shown in his books of accounts ?
