Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Why we Deduct TDS?

Answer Posted / c.papalkar

When you exceed the limit of Examption e.g ( Tds on
Profession Fees is exampted upto 30,000/- during the F.Y
but when vendor transaction cross the limit under sec.194J
then you have to deducted 10% TdS on gross amount)Tds is
Direct income for Goverment for roling country. Tds
deductor provide 16A certificate as Proof otherwise we can
chek your TDS credit Details on NEDL site it's Means you
can Tally TDS Amount with 26AS.

Is This Answer Correct ?    6 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty

1939


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1925


Expand---------TDCB

1907


.,can someone tell me how to compute the subscribed capital share?

2396


Clasify Loss

2086


Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.

1892


why funds management doc is generated during migo and miro

1592


Can v transfer trail balance to journal entry how and with example?

2236


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

2272


why do think you are best candicate for this post.

2285


what happens to each of the three primary financial statements when gross margin decreases?

2000


How to answer for the question, tell me about ur project? I mean in which format can i say?

2058


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

2102


Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L

2505


drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

1443