Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / deivasigamani
Normally companies have been deducting TDS based on the
transaction applicable to TDS. Here is the details
Contractor - 2% for Company 1% for Individual
Professional - 10%
Rent for Building- 10%
Transportation for Cab alone not goods carrier - 2%
Rent for Hiring machinery - 2%
Interest - 10%
Commission -10%
Note :
If the party has not provided PAN # then 20% has to be
deducted from their bills
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what is difference between budgeting and Forecasting
How do we calculate the cost of investment?
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
Tell me where do generally accruals appear on the balance sheet?
What is the difference between personal account real account and nominal account?
Do you know balancing in accounting?
How create the invoices?
What is accounting for plant assets?
how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
what are the steps for the payment cycle of the firm or company?
how to calculate basic to gross salary
What do you mean by ledger posting?
what is groups and and ledgers in tally can you give why we need to prepare them
What is recording damage inventory in books of account?
Why does the accounting equation have to balance?
