Interested to Buy Any Domain ? << Click Here >> for more details...
What is minium bill of TDS Deduction
Example
If Contractor give us 1st Bill - 10000/-
2nd Bill - 15000/-
3rd Bill - 7000/-
- 14 Answers
- 52477 Views
- ABC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / vasant
Tds deduct from main contractor bill 2% and sub contractor 1%
Tds no deduct limit upto rs.30000/-
And yearly 75000/-
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / surendra
1st bill = 10000 not deducted
2ed bill = 15000 deducted total of (10000+15000)=25000*2%
=500/-
3rd bill = 7000 deducted 7000*2% =140/-
casee is not alloud on dated 1 oct 09
more information visit income tax sides
| Is This Answer Correct ? | 6 Yes | 7 No |
DEDUCT 2% on each bill - if it is contractor
| Is This Answer Correct ? | 5 Yes | 8 No |
Answer / rekha
In a constraction of building for a contractor we have to
pay 11.33%
so total of all 3 bills we have to deduct 11.33%
| Is This Answer Correct ? | 13 Yes | 31 No |
what is tax rate for Companies for the Assessment year 2009-10?
is WCT TDS should deducted on gross value (basic+service tax)?
what is PBT? FBT? how they are calculated?
Please tell me the minimum exemption limit to applicable Fringe Benefit Tax.
On what amount of sale Excise Duty levied?
What are the deductions under salary head?
How can you know assesse type for tds deduction from PAN No. Like Company,association like that
2 Answers National Safety Council,
how many forms of vat return is
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
how to pass advance excise duty entry in tally erp9.2
How many heads are there under total income?
If a nri buys property in india, does he has to pay property tax?
Audit 
