Company should deduct TDS or not if Company is paying the amount directly to t

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??

Question Posted / rahul sharma

1 Answers
6027 Views
Bajaj, TATA, I also Faced
E-Mail Answers

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

what is e-1 sales

1 Answers ABC,

I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

0 Answers

what is the circle of tds and its rate chart

1 Answers Construction,

what is mean by vat (value add tax) what is that value, is it gross amount of purchase/sales, or it net of amount of pur/sales - on which it will calculated, i need with example

3 Answers

for capitalized goods also buyer has to issue the C Form

2 Answers

how i get h form

0 Answers

We have received Bills of Aug-2008 for contract charges. I have passed the bills in Dec-2008. So, we will pay intrest on tds or not?

1 Answers

WHAT IS VAT RATE IN CHATTISHGARH ON BEBY CHAIR?

1 Answers

how to calculate T.D.S on the basis of current I.Tax slab if the monthly salary is 50,000 p.m.

8 Answers

what is the diffrance between tax invoice & retail invoice what is the rule of making invoicing please detail about this./