For the assessment year 2011-12, ie., FY 2010-11, is there
cess on TDS for Professional fees ?

Answers were Sorted based on User's Feedback



For the assessment year 2011-12, ie., FY 2010-11, is there cess on TDS for Professional fees ?..

Answer / shanavas muhammed

No

now the rate is 10% only

from the financial year 2010-11 onwards Cess in not applicable

Is This Answer Correct ?    3 Yes 0 No

For the assessment year 2011-12, ie., FY 2010-11, is there cess on TDS for Professional fees ?..

Answer / gvg chary

JULY' 10 ONWARDS THERE IS NO CESS FOR TDS ON PROFESSIONAL
FEE

Is This Answer Correct ?    0 Yes 0 No

For the assessment year 2011-12, ie., FY 2010-11, is there cess on TDS for Professional fees ?..

Answer / ashwini dodke

TDS deducted for professional fees for the assessment year 2011-12 was 10% & financial year year also 10% now cess on tds for professional fees is 10%.

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

what is the difference between vat 100 and vat 120?

0 Answers  


What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment?

8 Answers   TCS,


Can we bill to party at Delhi and ship material to Hyderabad.My company is in gujarat.If Yes.Road permit issued by Hyderabad party on who's name and who will give C form.etc.

3 Answers  


kindly advise me any set off in excise duty in maharashtra

0 Answers   Kanakia Group, Marvel Abrasive Tools,


in L & T they asked me about service tax question in which situation when we take service from others & we paid billing amount yet we cant take credit service tax but we paid service tax on behalf of others party.

1 Answers   L&T,






Dear Sir, I am working in account department. I want to know, Why service tax rate is change in every type of service. For Example - Rent Bill Service Tax Rate - 10.30% Taxi Bill - Service Tax Rate - 4.12% Why it change

0 Answers  


What diffrance between 1st stage,2nd stage and 3rd stage dealer in excise.? Explain.!

5 Answers  


What is supporting documents enclosed & must be required to Submit of quarterly & Yearly Sale Tax Return?

2 Answers  


Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You

2 Answers  


hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.

0 Answers   India Infoline, TCS, Wipro,


why use diff vat forms like vat51 vat3 why

0 Answers  


what is the formula to calculate the VAT , ST,Excise payable to govt

1 Answers   Videocon,


Categories