if we have amc any vendor 25,000 pa. should we deduct TDS
- 2 Answers
- 5007 Views
- MAHINDRA, I also Faced
- E-Mail Answers
Answer Posted / salimmalik
NO. As per Sec 194C of Income tax act 1961 the cut off
amount is Rs. 30000/- and Where the aggregate of the amounts
paid/credited or likely to be paid/credited to Contractor or
Sub-contractor exceeds Rs.75,000 during the financial year,
TDS has to be deducted.
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
how to get input credit in vat & service tax
interest paid to bank rs.15000 in conection with statutory income tax proceedings.
80DD Dediction
WHAT IS EXECUTION OF WORKS CONTRACT ?
How To fill vat, Tds, Service tax Return Form? Please Explain With an Example.
F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?
What are the types of provident funds?
What is the different between Excise Invoice and Invoice
calculation of Tds on subcontractor
What is Stock Reconciliation Statement , why we make the Stock Reconciliation Statement.
how & on which amt tax should be calculate on pvt ltd company or ltd company
is WCT applicable one time? and what will be rate of WCT in UP State?
I am working at Himachal Pradesh, let me know cant i adjust entry tax in vat? if no then why or yes, please exlain.
If we are placing the order in amazon on behalf of the customer who is ordered from other e-commerce sites and the goods is directly billed to the customer address from the amazon sellers and for the same we are receiving some profit at that in our books of account what entries need to be passed...?? do i eligible to get the ITC on the GST amount paid..??
If a nri buys property in india, does he has to pay property tax?
