what is the amount of t.d.s if one get 4000/- monthly from
a company on behalf of consultancy charges.

Answer Posted / saurabh shukla

TDS RATE 10% ON CONSULTANCY CHARGES, IF PAYMENT IS MORE
THAN 20000 P.A .
IN THE GIVEN CASE ANNUAL PAYMENT IS 48000. SO. EVERY MONTH
TDS IS TO BE DEDUCTED Rs 400.
NO E. CESS AND SURCHARGE IS APPLICABLE FROM 1/4/2009.

Is This Answer Correct ?    18 Yes 3 No



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