what is the treatment of rent paid more than 10000rs.
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 |
expand I T C
expand N H A I
Expand N S E
Expand C C I T
Explain the features of Equity share capital?
credit management as an essential component of financial management explain?
Will out standing expenses falls under preliminary expenses in balance sheet are not
Explain sensex?
Answered but misspelled pl correct THE MINIMUM NUMBER OF SHARE HOLDERS IN A PUBLIC LTD CO. (ANS.NEVSE)
Please explain a Representative Personal Account.
can a real account shows a credit balance
what is Exposure ?