Labour charge 100000  deduction tds 5%

Answers were Sorted based on User's Feedback



Labour charge 100000  deduction tds 5%..

Answer / karthik raja

5000

Is This Answer Correct ?    4 Yes 1 No

Labour charge 100000  deduction tds 5%..

Answer / ajit sharma

tds 5 % not applicable for labour contractor and entry is labour charges dr 100000
to tds 2000
to contractor 98000

Is This Answer Correct ?    2 Yes 0 No

Labour charge 100000  deduction tds 5%..

Answer / raghuvstar@gmail.com

Rate of TDS Deduction for Labour is 1% or 2%

Individual/HUF 1% >100000*1%
Other than Individual/HUF 2%>100000*2%


75,000 is the limit Per year.
30,000 is per transaction

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting General Interview Questions

how will you handle fairs in askening with the a high posistion person in a company? how will i develop my attitude when interviewed? am always scared.

0 Answers  


Explain the types of ledger?

0 Answers  


What are the criteria for accounting job?

0 Answers  


paid Rs.500 to tax amount which was due for two months pass journal entries

6 Answers   HP,


Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.

0 Answers  






What is the general entry for charge on bank overdraft

0 Answers  


how to prepare bank reconcilliation and send with formate

2 Answers  


what is p.f filing date pls tellme friends......?

1 Answers  


Define executive accounting?

0 Answers  


The purpose of accommodation bill is_______ (a) To finance actual purchase or sale of goods (b) To facilitate trade transmission (c) When both parties are in need of funds (d) None of the above

1 Answers   Infosys,


What is accounting chart of accounts?

0 Answers  


You pay for a product and you get the bill. When to book the expenses

1 Answers  


Categories