hi
how much deducted tds on intrest,rent,contract, subcontract,
what is the new rat of tds?
Answers were Sorted based on User's Feedback
Answer / raval chand sharma
Nature of Payment Threshhold Comp,Firm,Society, HUF, Indiv.
up to Local authority
Interestfrom Bank 10000 10% 10%
Other Intrest 5000 10% 10%
Contract,Subcont. 20000(50000
in a year) 2% 1%
Rent 120000 10% 10%
above TDS rate for financial year 2010-11
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / madan lal
sub contractor rs. 50000.00 1%
Rant rs. 120000 10%
interest Rs. 5000.00 10%
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mazahir
Tds on rent For individual-15%+2%edu cess+1%higher edu cess
Tds on Contractor-2%+2%edu cess+1%higher edu cess.
example-10000if profit 10000 Of 2%=200 of 2% edu cess+1%
higher edu cess.
Tds on sub-contractor-1% And above same calculation.
Tds on intrest -15%+2%edu cess+1%higher edu cess
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / javeeed
tds on all expenses and income for every assesse is 10%
from the assessment year 08/09
| Is This Answer Correct ? | 0 Yes | 6 No |
What is rate of tax applicable in absence of central declaration form in state of Haryana. against "C" form rate is 4% & Local VAT is 12.5%. Pl. help.
what is vat? what is excise? what is form c & d in sales tax?
43 Answers Aksh Optifibre Limited, CA, Cat Computer Services, DHL, Escorts, iFlex, Murjani, Precision Die Cutting, TCS,
how i can grab more information about income tax?
We need to know is their any govt notification for VAT & Service both applicable for one item or single invoices
is tax good or bad?
what is wct? what is it applied ?
How many turnover company active TAN no applicable and how many deduction % of service.
I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.
who are liable to be registered under Vat Act
Can anyone please tell me how to account TDS RECEIVABLES. (In Receipt entry is it possible to show the break up of TDS deducted & balance payment recd in single entry
plz tell what is current rate of depriciation as per income tax .
Difference between provision & reserve with an example?
3 Answers IHG InterContinental Hotels Group, Mount Kenya University, OPI Global,