what is tds and why its charged on pament or receipt
- 3 Answers
- 6459 Views
- I also Faced
- E-Mail Answers
Answer Posted / d.naveen
TDS Means Tax Deducted @ Source. it is applicable for
payments olny certin expenses eligable for the TDS aspects
ex,. RENT - when exceed the Rs.10000/- P.a, Interest -
Rs.5000/- above and Commission - Above 5000/-. above all
the items are profit decreas items so I.T impliment the act
for T.D.S whatever u pay the payments u will deduct the
some amount that will be collect to me .
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
what do you mean by cenvat? and in which is liable?
#IS IT NECESSARY TO COLLECT T.C.S ON EVERY POINT OF SALE# THAT IS IF MANUFACTURER SOLD ANY OTHER FOREST PRODUCE NOT BEING TENDU LEAVES (T.C.S @ 2.5%)TO TRADER,IS IT NECESSARY FOR TRADER TO DEDUCT T.C.S.MANUFACTURER ALREADY CHARGED T.C.S TO TRADER & ISSUED TO TRADER 27-D FORM.WAITING FOR CLEAR CUT REPLY
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
Sir Kindly tell me Where is the best institute fir SAP(FICO-CIN and New GL module specially) in Hyderabad ASAP. Regards Om 9910699167
HOW TO FILL UP WEST BENGAL VAT FORM 14. NOT TECHNICALLY I AM AWARE ABOUT THEIR MANUAL. BUT I WANT TO KNOW POINT BY POINT.
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?
How to adjustment of CST ? and also tell me about C-Form affairs ?
Rules for filling Income Tax return for a MNC?
How treat TDS & TCS in manual or Tally 9 softwere ?
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
What is the SEZ formalties in cement Industry?
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
