Interested to Buy Any Domain ? << Click Here >> for more details...
what is tds?
- 5 Answers
- 7226 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
TDS Full form is Tax Deducted at Sourch
When we paid the commission , payment we are deduct the TDS and issue Form 16 to customer/Party
Entry :-
Entry in Journal ( In Tally F7)
1.Dr. By Fees for technical Service Rs -10000/-
Cr. To Party A/c Rs- 10000/-
2. By Party A/c Rs.-3366/-
To TDS on Technical Service Rs.-3366/-
3. By Fees on Technical Service A/c Rs.-10000/-
To Party A/c Rs.-6634/-
To TDS on Tec. Services Rs.-3366/-
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / hemant
TDS : Tax Deduction on Source
It is part of income tax
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / malli
TDS full form is tax deduct from source
TDS nothing but reserve of income tax.
| Is This Answer Correct ? | 1 Yes | 0 No |
can a company/firm give more than 20000 rs in cash in a day to his employee as an advance for day to day exp ( not for purchase a capital asset )
What is the date of depositing entry tax and submission of return?
This is related to stock transfer to branches ( Delhi & Bangalore ) for which my branches are not able to produce form 'F' agaisnt such branch transfer, than what is my tax liablity. This issue is pertaining to 2006-07, 2007-08 & 2008-09.
What do you mean by Capital Asset?
It means we have to pay all amount of TDS of 6 months in next month.... m i correct?
What is the rate of TDS for commission?
What is the Exice leavy of food items ?
What is the implication in the subsequent sale to local party for the goods received from other state Non-Presentation of E-1 form : If 'A' of Rajasthan (Supplier) supplies goods directly to 'C' of Gujarat (Consignee) on instruction of 'B' of Gujarat (Buyer). There is no presentation of E-1 form. Question : Can tax be charged in the invoice of sale from 'B' to 'C' ?? If any, what will be charged..VAT or CST?
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
IVrth quater tds return file last date
What is the due date for issue of TDS certificate under salaries and in what form
Audit 
