How TDS Is Calculated
Answers were Sorted based on User's Feedback
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 |
what is tax rate for Companies for the Assessment year 2009-10?
is vat applicable on services as well? please describe the services under vat?
what is the percentage of income tax at construction companys
how to compute service tax?
How can a taxpayer get a refund for an overpayment of taxes?
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
Rate of TDS On Contractor for advertisement exp.
14 Answers Atlantic BPO, DNX, Gem Granites, JM Baxi, Pradipkumar Pharma, TCS,
How TDS Is Calculated
why charges PURCHASE @ 15 % TAX RATE ?
We R doing Yarn Dyeing by purchasing in India & exporting to Overseas, We can purchase the yarn against form H ?
We are generally give order to the printing company for printing our uniqe file,calender,sovenour,answer sheet,envelop etc, when company submite the bill it charge the bill includes vat@4%, so can we deduct the TDS on total invoice value or only cost amount (exclude the vat).