We have purchased staples Item & vendor charged freight in
his invoice.should we deduct TDS on freight charges by
vendor?
Answer / mmj
No, we are paying to Vendor which is cost of goods, we are
not paying directoly to transporter,
If bill of transportation is provided seperately/ a
another Party, in that case we should have to deduct TDS.as
per applicable amount of limits.(if it is below limit, need
not deduct TDS)
| Is This Answer Correct ? | 5 Yes | 0 No |
What is TDS and what are the various rates of TDS?
How is income tax calculated?
My income for the current year from Hiring Earth Moving Vehicle to a contractor will be 250000/-my total savings are 125000,payment of my childrens tution fees will be 35000 So mine will be below taxable income .Pl let me know whether there is any chance to escape from TDS obligation.If so Pl let me know the procedure
what is present rate for excise duty & service tax for f.y 2009/10?
tds can be applicable on haltage(late time unloading )
How to do entry for Income Tax Refund ?
what is c form?state with examples?
What is E-1 form and whats its use?
what is fbt can anybody send me rate of fbt
How to calculate pf, esi, vat, sales tax etc.,
61 Answers Aparna Enterprises, Cap Gemini, Genpact, Gurcharan International, HCL, Pushp Steel, Shriram, TCS,
i am work in partnership firm. i recd. the bill of security charges & Labour charge contain service tax. whose amount will be taken for tds deduction befor service tax or after service tax.pls guide me what's will be the entry of these transaction.
Is VAT & CST should be charged at a time on one purchased item? please give more clearity on this issue?