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
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.
what is CST % applicable on garments sales to other state?
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?
sub hadding no. scrap & Wastage in corrugated box
The value of the tax invoice is lesser than the value on the state permit. Is this acceptable.
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
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.
can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
What do u mean by sales tax and who are sales tax practitioner ?
What is process CST & Custom Duty Handle in tally Erp 9, with example.
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
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
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%.
What is the difference between fund flow vs. Cash flow?