Q1. What is the TDS rates for the current year 2009-10.
for commission, Rent , contract and sub-contract Advertising.
Q 2. What is the current year professional tax slab.

Answers were Sorted based on User's Feedback



Q1. What is the TDS rates for the current year 2009-10. for commission, Rent , contract and sub-co..

Answer / anand`

for commission 10%
rent 10% for individuals if rent exceeds 120000
15% for individual, huf ,boi, aop etc..
20% for companies
contracts 2%
subcontract1%
for advertisement 1%


professional tax slabs:10000-14999 100/-
15000-19999 150/-
above 20000 200/-

Is This Answer Correct ?    11 Yes 4 No

Q1. What is the TDS rates for the current year 2009-10. for commission, Rent , contract and sub-co..

Answer / ravinder kumar jangid

TDS RATE AS PER BELOW

CONTRACTORS 2%
SUBCONTRACTORS 1%
COMMISSION 10%
PROFEESIONAL 10%
RENT 10%

Is This Answer Correct ?    1 Yes 0 No

Q1. What is the TDS rates for the current year 2009-10. for commission, Rent , contract and sub-co..

Answer / imran khan

TDS(tax deducted at source).
salary-192 >Rs.180000 exempt
180000-500000 10%
500000-800000 20%
<800000 30%
Rs.115000 deducted with sec 80
Rent 194i - plant and machinery >Rs.180000 up to exempt.
<Rs.180000 10%.
proffesion fee 194j- >Rs.30000 exempt
<Rs.30000 10%.
contract labour company 2% other labour 1%.
>75000.

Is This Answer Correct ?    1 Yes 0 No

Q1. What is the TDS rates for the current year 2009-10. for commission, Rent , contract and sub-co..

Answer / chander tiwari

commission 10%
rent 10% for rent of machinery
15% for individual, huf ,boi, aop etc..
20% for companies

contracts 2%
subcontract1%
advertisement 1%

Professional Tax Slabs are diffrent in diffrnt states
because it comes under state govt jurisdiction

Is This Answer Correct ?    1 Yes 5 No

Post New Answer

More Taxation Interview Questions

What is VAT TDS? when it is applied & at what rate?

0 Answers  


How to Calculate Vat?

5 Answers  


Can we sale materials to interstate unregister dealer

2 Answers  


If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

0 Answers  


what is assessment year. what is assesee. what is tax slab

2 Answers  






I am getting a salary of 50000 Rs Net salary. After showing my rent bills and children school bills, still I am being deducted a TDS amount of 2000. Is there any chance of even avoiding this amount to be deducted by investing in any insurance. Please give me a suggestion.

2 Answers  


i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.1141/-. Now what is the procedure or solution for it?

6 Answers  


what are indirect taxes

2 Answers  


If Seller invoice is within the state and material loaded from other state and deliver within the state then the C Form required or not if required than seller arrange the c Form or Purchaser

2 Answers   Jain Housing,


As I am an Individual person doing jobwork with a company name x. After doing jobwork I am going to sale the shoes in local market. Please tell what is the tax % I have to take. Whether 4% or 12.5%.

2 Answers  


over all details about tax what is mean by headge fund and detail explanation?

0 Answers   TCS,


What is RITC under UP VAT. and How it is calculated.

0 Answers   DSC,


Categories