How TDS Is Calculated
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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 |
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 |
Rse dear., i am not filing my nil return. Now i started to provide Insurance Advise to my client. but my TDS is deducted from my Rs.3000. so i want to stop this deduction, plz sugest any information. thanking you.
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