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How TDS Is Calculated

Answers were Sorted based on User's Feedback



How TDS Is Calculated..

Answer / priyul

TDS will be deducted as par rates specified in Finance Act &
there is also some limits. If payer pays amount beyond
limit specified than payer has to deduct TDS. It is
calculated on amount paid. If recipient does not have PAN,
than 20% of amount paid.

Is This Answer Correct ?    12 Yes 1 No

How TDS Is Calculated..

Answer / vipul chauhan

tds will be deducted as per rates income tax and the payment
made by the payer to deduct the tax and thereafter to pay
the amount to the payee if does not pan number will be same
rate except other case

Is This Answer Correct ?    0 Yes 2 No

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More Taxation Interview Questions

Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///

0 Answers  


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0 Answers   Cholamandalam DBS,


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1 Answers  


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1 Answers  


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2 Answers  


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3 Answers  


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1 Answers  


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