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 are the treatment & implications if party doesn't provide C Form in interstate sales transactions & also same if provide C Form.
Please let me know..if we can deduct amount TDS for the payment made to travelling which amounts to Rs. 3702/-
how to creat e-vat return in tally
What are the TDS Rates for the financial year 2008-09?
what is the exact meaning of cst? what is its usage and what are the benefits of c form?
What is form 38 & form c
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
is Discount Allowed Indirect Expences?
WHICH ARE BASIC EXEMTIONS FOR TDS ON SALARY
what is the ct-1 sale? if ct-1 bond is misplaced what is the procedure for applying for new bond.
I AM RECEIVING THE GOODS FROM FACTORY BY STOCK TRANSFER I AM ISSUUING THE FORM- F FOR THE VALUE. IN CASE I AM RETURNING THE GOODS AS REJECTION WEATHER I HAVE TO RECEIVE THE FORM F FROM OUR FACTORY CONFIRM ME
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.