Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

hi

how much deducted tds on intrest,rent,contract, subcontract,
what is the new rat of tds?

Answer Posted / mazahir

Tds on rent For individual-15%+2%edu cess+1%higher edu cess
Tds on Contractor-2%+2%edu cess+1%higher edu cess.
example-10000if profit 10000 Of 2%=200 of 2% edu cess+1%
higher edu cess.
Tds on sub-contractor-1% And above same calculation.
Tds on intrest -15%+2%edu cess+1%higher edu cess

Is This Answer Correct ?    2 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to determine TDS on Salary ? what are Limit for HRA ,insurance premium , Loan installment, children education fee etc. what type of Deductions for salary. please Explain Full and complete this concept with one example which cover all aspects regarding TDS on Salary.

1999


what is CST % applicable on garments sales to other state?

1780


CERTAIN LIST OF EXPENSES ARE MENTIONED IN SECTION 35D regarding amortisation of such expenses........not included in the list are expenses like administrative expenses,consultancy fees etc...if these expenses are of revenue nature then well and good enough, problem taken care of.If it is not of revenue nature nor is it included in the list, how do u treat such expenses. Do u capitalise them by way of fixed assets or sunk costs or what do u do? any case laws that talk about expenses not mentioned in the section?

2362


sub hadding no. scrap & Wastage in corrugated box

2157


The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.

3464


Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere

2229


I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5896


can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged

2352


What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?

9017


What do u mean by sales tax and who are sales tax practitioner ?

2329


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1734


ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return

1955


What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?

2139


Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.

2112


What is the difference between fund flow vs. Cash flow?

1076