What is TDS ? What is the TDS Rate as per new accounting
period 2008 - 2009
Answers were Sorted based on User's Feedback
Answer / rajesh kumar jha
TDS means Tax Deduction at Soucre it means where the
income accured. tds is deducted by the company from the
individual, firm, co.as follows for
the asst year 2008-09 and 2009-10
Commission , profession , Business @ 10.3%
contracts @ 2.224 %
Sub-contracts @ 1.3%
Interest @ 10.3 %
Interest company to company @ 20.60
Rent ( below 120,000/- ) nill when we submit
15H form.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / inderjeet yadav
why we should charge tds.
what happen if we issue payment with deduct tds.?????
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / surekha goud
TDS means Tax Deduction at Soucre it means where the
income accured. tds is deducted by the company from the
individual, firm, co. for lessthan 10 lacs as follows for
the asst year 2008-09 and 2009-10
Commission , profession , Business @ 10.3%
contracts @ 2.224 %
Sub-contracts @ 1.3%
Interest @ 10.3 %
Rent ( below 120,000/- ) nill when we submit
15H form.
s
| Is This Answer Correct ? | 26 Yes | 26 No |
Answer / paul_theoctopus
Go to Income Tax Department website and get authentic
answer.
| Is This Answer Correct ? | 2 Yes | 2 No |
is F form needed while making intra stock transfer ?
Brief me about sales tax,VAT,MVAT,excise duty,custom duty,octroi & what is the difference between tax and duty.
Excise Duty is a tax and CST is also tax then why CST on excise duty while calculating to arrive total value of supply order?
who are liable to be registered under Vat Act
what is reverse charges in service tax
ANY differenece between income tax and tds
What is the procedure of geting vat refund for construction division where output is nill?
How much in the inter state tax CST For the LPG Stove
What are the documents to be sent along with the stock sent by courrier to other branch. Its only internal transfer. Will it be enough if we dispatch by Delivery challan?
What are the criteria to avail lower deduction of TDS & why the lower TDS deduction certificate issued?
Explain the procedure to calculate provident fund, esi, vat and sales tax.
What is TDS and what are the various rates of TDS?