Assume I paid an advance of Rs 50,000/- from contractor can
we deduct TDS on that amount
Answers were Sorted based on User's Feedback
Answer / murugesh
Yes, we can deduct the TDS amount @2% on Rs.50,000/-
| Is This Answer Correct ? | 21 Yes | 0 No |
Answer / javid
yes,off course we have to deduct the TDS for this amount
| Is This Answer Correct ? | 9 Yes | 0 No |
If purchaser receive 4 nos Invoice from seller agnst Inter State Purchase in One Quarter and By mistake Purchaser issued one Form C in One Quarter only for 3 Invoice. Can he (Purchaser) issue another Form C for rest 4th Invoice or not???
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Tamilnadu sales tax for Bleach Liquid (2011) schedule I levied tax Zero.I a register dealer purchase the product and sell to B to Karnataka state what tax has to be levied under what section? please answer.F.prabu joackinprabu@yahoo.com
COST OF ASSETS 250000 ACCUMULATED DEPRECIATION 115000 SELLING PRICE 137500 PASS ENTRY FOR THE SALE OF ASSET.
The contractor final bill is 52lac we have calculate 2% tds 104000 so we have which amount paid to contractor
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.