Company should deduct TDS or not if Company is paying the
amount directly to the Sub-Contractor by Debiting the A/c
of Contractor and Crediting the A/c of Sub-Contractor ??
Rate??



Company should deduct TDS or not if Company is paying the amount directly to the Sub-Contractor by..

Answer / surekha goud

company should deduct the tds and debiting to the sub
contractor account @ 1.2 % for below 10 lakhs contract . for
this the company should issue the tds certificate ( form 16
A). to the sub contractor.

Is This Answer Correct ?    18 Yes 2 No

Post New Answer

More Taxation Interview Questions

Is tax audit compulsory for companies irrespective of their income?

2 Answers  


HOW TO CALCULATE THE PF WAGES% ON GROSS WAGES ? HOW TO CALCULATE THE HRA % ON GROSS WAGES? HOW TO CALCULATE WASHING ALLOWENCE AND OTHER ALLOWENCES % ON GROSS WAGES?

4 Answers  


How to get refund of Service Tax and it comes under which Department ?

1 Answers  


Is t.d.s deducted on Freight including Service Tax ?

8 Answers   ABC,


Service tax on rent (immovable property)?

1 Answers   Reliance,






can we accept Rs.20,000/- and more as advance against order from costumer?

3 Answers  


Differentiate between financial year, assessment year and previous year?

0 Answers  


IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.

0 Answers  


What do you understand by dissolution of firm?

0 Answers  


We are SSI unit. Is there any procedure for the cancellation of excise invoice for excise department?

1 Answers  


When will capital gain araises?

3 Answers  


Are having 8% CST in any commodity or state.

1 Answers  


Categories