Interested to Buy Any Domain ? << Click Here >> for more details...
pls tell what is TDS CONCEPT IN RELETION TO TRANSPORTOR
- 4 Answers
- 7945 Views
- I also Faced
- E-Mail Answers
Answer Posted / shankar kumar
The rule of tds deduction related contractor is
TDS Rate 2 %
Surcharge 10% (if amount exceed 10 lac)
EC 2% & SHE 1% total = 3 % on (TDS & Surcharge)
In sub-contract TDS rate is 1%
Condition
1. Tds deduction starts when Single payment exceeds 20,000/-
& agreegate payment exceeds Rs.50,000/-.
2. once deduction starts tds will be deducted on whole
amount which has been paid to the certain constractors
earlier without deduction.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is process CST & Custom Duty Handle in tally Erp 9, with example.
what is the difference between captive consumption and cenvat in tally erp9 and when we have to use it
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
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.
Explain long term capital gains and how is it different from short term capital gains?
How can I Proceed to my client regarding Advertisement Bill as we are dealing in advertising agency and also clear us can we deduct TDS on their bill? For Example we receive a bill from The Sandesh Ltd. of Rs. 50000/- and they do not mention service tax in the bill. So, Kindly provide the Guidelines regarding This Problem.
Define assessment year.
sub hadding no. scrap & Wastage in corrugated box
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
procedure of service tax
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
What is Form 12A & Form-H and where is applicable.
What is the different between Excise Invoice and Invoice
how to get input credit in vat & service tax
WHAT IS SHEDULE , HOW MANY TIPE OF SHEDULE IN COMPANY & PARTNERSHIP FIRM , WHAT IS IN EACH SHEDULE HEAD CONTAIN , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com
