Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


We are a UK company selling electronic s/w licenses to
customer in India. We have a PAN Number.

Why is TDS being deducted on a product?
Why is TDS calculated on the invoice value - surely it is
supposed to be on Income and not Turnover?
What is the correct TDS % deduction?


No Answer is Posted For this Question
Be the First to Post Answer

Post New Answer

More Taxation Interview Questions

one supplier/dealer of a Reputed Electric motor manufacturing company of Kolkata having shop in Dhanbad (Jharkhand)carges 10.3% E.D + Education cess + Jharjhand VAT on ordered value whether is it correct? Are dealer are supposed to charge E.D.

1 Answers  


what is vat? what is excise? what is form c & d in sales tax?

43 Answers   Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS,


if Advance Tax is diposited by u Rs.200000/- TDS Deposited Rs.100000/- Assesment tax raised by It depart ment Rs.350000/- What will be the Journal entries?

3 Answers  


I am a civil Engineer consultant. On an item for example Rs.100, I am adding 4%WCT ie., Rs.4 and I am certifying the contractor bill for Rs.100.00 + Rs.4.00 = Total Rs.104.00. But my client is deducting 4% on Rs.104.00 ie., Rs. 4.16. So, finally contractor is losing Rs. 0.16 on Rs. 100 which amounts to lakhs on the project value. Can you please guide me on this? Santosh Kumar

0 Answers  


Deferred taxation is a part of which equity?

0 Answers  


If any payment made for purchase of computer parts (mother board , ram, monitor)say 1/100 of monthly income (if income is 1000 & expences is rs.10) than whether it is computer expence (revenue expenditure) or computer (capital expenditure). Kindly specify in detail

1 Answers  


WHAT IS EXCISE DUTY RATE IN HARYANA for RMC

0 Answers  


TELL ME CST RATES, VATE REATES IN U.P. DELHI.

2 Answers  


WHETHER WE CAN REIMBURSE SERVICE TAX?

2 Answers  


Can I deduct TDS on Advance payment towards advertisment expenses.

7 Answers  


IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.

0 Answers  


What is the meaning & definition of "THRESHHOLD LIMIT" in TDS?

8 Answers  


Categories