IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW
MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
Answers were Sorted based on User's Feedback
Answer / sunil malik
if u r other den individual or huf den u hve to pay 10% tds, and pan card is required otherwise 20% tax will b deducted
| Is This Answer Correct ? | 9 Yes | 2 No |
Answer / rajashekar
Irrespective of the
status of the individual
you have to deduct
10% of tds on
commission if it
crosses the limit of Rs
5000 pa,provided if he
furnishes Pan number
otherwise 20% of tds
should be deducted..
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / arvind kumar
As per Section 194H Commission amt. should be 5000> for
applicable 10% TDS if you pay to local agent of Rs. 5000 pa.
it's not applicable for TDS
| Is This Answer Correct ? | 1 Yes | 0 No |
Why it's necessary for a company to file TDS Returns?
HOW TO SOLVE T-FV-1019 Invalid File Format
in the credit note vat amount is in vat on sale but next step whitch vat class is applicable input vat or out put vat ?
Please tell me that what is the formula of Input tax (Vat input) disallowed in case of branch transfer? We have a branch in Delhi and H.O in Faridabad?
What items fall under the category of ‘securities’?
WHAT IS THE RAE OF TDS ON PAYMENT TO CONTRACTOR INA CASE OF COMPANY & IN CASE OF INDIVIDUAL?
The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
what is the objective of business taxation in private company?
WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX
WHAT ARE THE TYPES OF TAXATION?
CST 2% against C form,Cst 12.5 % without c form, why government is in loss with C form?
12 Answers Erico Labs, Hero MotoCorp,
Give the correct entry for below statement. 'A' Securiy charges 395926, Vehicle maintenance 5000 and Mobile charges 1300 and Service tax 12.36% and TDS 2.266% pl give me journal entry