Assume in a company during the financial year 8 computers has been sold for Rs 68000/- . whether TDS on Income should be deducted from the payment or what?
Answers were Sorted based on User's Feedback
Answer / nilesh kadam
This is a Purchase tranasaction . and charged the VAT
Extra. then not deducated the TDS on certain tranasaction
| Is This Answer Correct ? | 7 Yes | 0 No |
please tell me procedure how to calculate vat if we got vat credit?
What about sur charge on income tax for the individuals who crossed 10lks for the year 2009-10
What is the posting of TDS Receivable in balance sheet
I want to know for Financial year 09-10 i.e 01.04.09 to 31.03.2010 what is the Assessment year
Can we deduct tds on travel agents,if yes then what is the rate & section? ... For the current TDS rates in India, and more information about TDS deduction
ONE EMPLOYEE TAX CALCULATION: GIVE INVESTMENT OF HOUSEING LOAN BUT HOUSEING LOAN TAKEN HIS BROTHER AND SECOND APPLICANT THIS EMPOYEE SO, QUE ARRISE IF INVESTMENT DOCUMENT OF LOAN TAKEN OR NOT....?
tds can be applicable on haltage(late time unloading )
If there is differance in value written on the road permit (along with transfer invoice) and the tax invoice (which is generated after dispatch of material)for inter state sale (specially uttarakhand)which value to be consider for C form?
If A manpower supplier bills to a acompany for rs.100000 for pure labour supply what entry will be done in terms of reverse charges.
What is the procedure of geting vat refund for construction division where output is nill?
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
how to creat e-vat return in tally