why are cutting tds?
As per Income Tax Act 1961 its liability to deduct TDS.
While paying to Vendor/Service Provider we need to Deduct TDS.
If Professional (194J) -10%
If Rent (194I) -10%
If Contract 1% or 2%
many more is there its depends on service
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EXPAND_______________ULC
Why interest on partner's loan is not transferred to his capital account? What is the logic for transferring it to his current account/ loan account or accrued interest account?
What is mean by Tab Group in MS-Excel?
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
what is article of association? what is memorandum of association?
If income and expense both are equal then what it depicts
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to give the Journal entry for the Month of Jan, Fed and March (His Monthly Salary is Rs.8000/-) ?
Short Answer on _________Cost Accounting
In Profit & Loss Accounts, "Sales of Products" consists of Price of Material & Excise. Why Sales Tax (CST or VAT) is not considered as part of "Sales of Products".
Define the PROFIT.
EXPAND______________PLIP