What is TDS? Please explain rate of TDS.
Answer Posted / amit kumar sharma
TDS means Tax Deducted At Source. when the payment made to
creditors against bills , at that time the company deducted
the tax on the total bill value called TDS. Rate of TDS is
varied on type of creditors. If the creditors is sub
contractor , TDS rate is 1% like that.
Is This Answer Correct ? | 83 Yes | 28 No |
Post New Answer View All Answers
i want know central excise duty codes with cess?
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
Hi, I need the clarification in Tax Rate in Karnataka for Frozen foods like Paratha, Briyani, Pasta's Please share the information for me
What are the various forms used for VAT?
can we purchase software agaist Form under In the telecommunications network; or
Hi Kindly provide the current slab for profession tax in karnataka and due date for remittance the profession tax
is it necessary to use form38 in UP for purchase of goods from outside UP @5%CST Tax
is there any specific percentage related to lower tax deduction under tds
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
what is cost taxation
professional tax rate
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///