what is rate of tds in present financial year
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Answer / nikunj n. rathod
for indivitual firm or huf firm or propritorship firm tds
rate - 1%
and
for company profile limited or pvt ltd tds rate - 2%
| Is This Answer Correct ? | 16 Yes | 6 No |
Answer / srinivas
As per Section 194c TDS for Ind., HUF., PF is 1% for others
it is 2% of contract receipts, If no PAN is provided then 20%
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / rizwan
For Companies 2% and for Individuals 1%.In case of
Professional charges 10% for both company and Individuals.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / pradeep
for individual firm and huf and proprietorship first tds is 2% and rest of them is 1% according to new rates
| Is This Answer Correct ? | 0 Yes | 6 No |
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Alpha Co. issued to the public for subscription 40000 shares of rs 10 each at discount of 10%payable as rs. 2 each on application, allotment and first call and rs.3 on the final call. Applications were received for 60000 shares and allotment was made pro-rata to 80% of applicants. R to whom 2000 shares were allotted paid only the application money, and S who had applied for 3000 shares,paid the entire call money due along with the allotment. pass journal entries to record the above transaction.
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