Answer Posted / nagu
TDS means Tax Deducted at Source. It is a mean of collecting income tax governed under the "India Income Tax" act 1961. it managed by Central Boards for Directs Tax (CBDT). And Part department of revenue managed by Indian Revenue Scheme(IRS).
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
IF XXX GOT AN ORDER FROM APTRANSCO AS WORKS CONTRACT NOW XXX PLACED AN ORDER TO YYY THAT TO SUPPLY 50% OF THE MATERIAL IN ORDER. NOW WHAT IS THE SALES TAX RATE HAVE TO CHARGE BY YYY TO XXX. NOW MY DOUGHT IS YYY IS NOT SUPPLING THE GOODS TO APTRANSCO, HE CANT CHARGE 4%, IF POSSIBLE PLEASE TELL ME THT HOW CAN HE .
If any new form open than we are able to deduct TDS on first year
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
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.
how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..
Who is to paid income tax and what is the procedure of filling income tax return?
What is meant by asset clearance . how should i make my entries in tally
what is rate of different service tax in haryana
what are the slab rate for F Y 2010-11
At present what is the rate of excise duty on sale of Weigh Bridge Machinery to out of state from Karnataka.
is there in india the rate of work contract are same in all states if now what are the statewise rate
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
what is WCT rate in chhattisgarh
what is the prime cost? and factory cost how to calculate it?
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.