If a professional Musician hired for one time for Rs.
5000/-, is it compulsary to deduct the TDs from that amount?

Answers were Sorted based on User's Feedback



If a professional Musician hired for one time for Rs. 5000/-, is it compulsary to deduct the TDs fr..

Answer / leelavathy

N0

Is This Answer Correct ?    6 Yes 2 No

If a professional Musician hired for one time for Rs. 5000/-, is it compulsary to deduct the TDs fr..

Answer / sathish

No, TDS deducted only one time payment on Rs. 20000/- above or minimum limit cross on Rs. 50000- above for the financial year.

Is This Answer Correct ?    3 Yes 1 No

If a professional Musician hired for one time for Rs. 5000/-, is it compulsary to deduct the TDs fr..

Answer / satyaki_raju@yahoo.com

Leelavathy you answered it as No. Try to answer with
clarity.Try to answer the obligatory amount for deduction.
try to develop yourself.

Is This Answer Correct ?    0 Yes 1 No

Post New Answer

More Accounting AllOther Interview Questions

What is Trade Recovery Estimate and how can we calculate it?

0 Answers  


Pass entry for outstanding salry for the month of March paid in the month of April

4 Answers   Tax Time,


How to prepare salary ? and what is ctc, Epf, etc...

3 Answers  


company accounts & final accounts?

1 Answers  


vwhy a variable cost is said to be variable?

6 Answers  






Do v call director in the partnership firm?

0 Answers  


what is vlsm?

3 Answers   Cisco,


what is delapidation

8 Answers   Capital IQ, IBM,


What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?

0 Answers  


Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L

0 Answers  


what is the journal entry for bad debts?

32 Answers   Infosys,


Paid a cheque for Rs 26500/- to Vishnu traders on behalf of Haritha trders for material supply

2 Answers  


Categories