WHAT IS THE RATE OF TDS ON
SALARY,RENT,COMMISSION,CONTRACT,INTEREST, BROKERAGE ETC

Answer Posted / shabd kumar choudhary

1) salary for Co. & Firm Not Applicable,
& For Individual & HUF actual Tax

2) Rent For House Property
for Co. & Firm 20.60%
for Individual 15.45%
for HUF 20.60%
Rent for plant & Machinery
10.30% for Co. & Firm
10.30% for individual & HUF

3)Commission
10.30% for Co. & Firm, Individual & HUF if the amount
exceeds Rs. 2500

4) Contract
2.06% for all

5)Interest
20.60% for Co. & Firm
10.30% for HUF & Individual

6)Brokerage
Same as commission

Is This Answer Correct ?    8 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the prime cost? and factory cost how to calculate it?

1628


If any new form open than we are able to deduct TDS on first year

1804


80DD Dediction

1429


I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

1821


My client is a Partnership Firm and was converted in to the Pvt. Company. Now, the Question is that the both the entity i.e. Partnership Firm and Company entitled to get the Depreciation of Proportionarate basis, they used the Assets? I reffered to the Income TAx Act, there is no any specification regarding the convertion only the amalagamation and merger.

1617






if i have a comany take contract from gvt. & i take contract from that company, & in his bill he show about all tax deduction ike IT, WCT etc, but material is purchase by that company not by us so here i want to know how WCT applicable? on total amount of contract or according to rule like material service & after adding all things??

1148


if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu

1604


how to calculate tax for the income earners

1638


how to calculate vat, st, cst, excise duty, customs duty, tds.

1191


we are getting materials from outside the state and issuing form c to a local party, since the local party is consignee agent of party who sends the materials. what is name this type of transaction? is issuing form c correct and proper? please reply

1534


is there in india the rate of work contract are same in all states if now what are the statewise rate

1640


if i the vendor is providing us some printing material & they issue a bill of printing with including Vat so what can i deduct TDS ?

1583


anybody pls tell me about the service tax

1591


Which form used for registration in GST?

926


I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com

1478