sir, i have charged labour charges with material bill to x
party for Rs.211000/- plz explain me how much TDS amount
will deducte by party..
Answer Posted / shailesh chaure
if the bill was bifercated in labaour and material than TDS
will be deducted on labour charges otherwise TDS will be
deducted on invoice amount.
Is This Answer Correct ? | 45 Yes | 12 No |
Post New Answer View All Answers
how i get h form
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
Service tax applicable or not for Govt Guest House contract work.
What is the due date of P.Tax return filing for Staff? Yearly Tax amount with Rs. 30,000/-
what is the exise limit in granite manufacturing
type of sale and purchase tax?
what is form 8? what are all the details to be collected while buying c form
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
What are the treatment & implications in case interstate sales transaction if party is not registered (Individual or other then individual)
Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!
Define the term "Manufacturer"as introduced in finance act2010.
Please some one tell me what is the VAT or WCT rate for works contract at Tripura
For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?
WHAT IS EXCISE DUTY RATE IN HARYANA for RMC
Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.