Interested to Buy Any Domain ? << Click Here >> for more details...
what is the treatment of rent paid more than 10000rs.
- 2 Answers
- 5328 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rajesh
If we are paying Rent morethan 10,000 /-. PM we are liable
to deduct the TDS u/s 194 I
1)Paying to induvidual - TDs-15% & SC -10% & Cess -3%
(if income crossess more than 10,00,000 we have to
deduct Surcharge unless no need of deduct Surcharge for
induvidual)
2)Paying to Company - TDS -20% & SC-10%,& Cess-3%
We have remit the TDS on or before 7th every month. and E-
TDS to be filled quarterly on or before 15Th
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / sandeep
current rate (after 01.09.09) are as below:
Rate of TDS for Rent paid for other than plant and
machinery (both case i.e company or individuals/huf) is @
flat 10% whereas in onther case TDS rate is flat 2%.
| Is This Answer Correct ? | 2 Yes | 0 No |
What is VAT & how much vat percentage?
4 Answers Cummins, Genpact, Sheel Enterprises, Suvarna, XYZ,
what is drawbacks of account
how to solved the shares qusionas ?
What is the nature of Bills Receivable account, I mean is it a real account or personal a/c?
what is the difference between intangible assets and fictious assets
EXPAND_________VAT
How much is the need for journals in accounting?
Is depreciation on fixed asset a capital expenditure
what happens to each of the three primary financial statements when gross margin decreases?
Expand-------ARCD
What are the duties of sales tax department? Explain it
What do you mean by Accrued Expenses ?
11 Answers Direct Shipping Services, IBM,
Audit 
