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 |
Post New Answer View All Answers
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
In advance c form dvat why not showing the amount in form verification
How can the management breakup the salary of employee(if salary Rs.10000/-) which % they calculate the Basic,T.A,D.A,H.RA.and e.t.c.
what is the significance of business taxation in private company?
ON WOODEN FURNITURE EXCISE IS APPLICABLE OR NOT ?
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
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??
in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?
If I have bought goods from a seller in India and finally exported it to some other country, my understanding says I have to issue form H to seller to get cst exemption. My question is wether Bill of lading is must to be given to seller or not bcos if I give bill of lading to the seller from whom i haave bought material confidential information will go to seller as bill of lading will have buyers details...pls guide how to overcome this issue.
calculation of Tds on subcontractor
Explain the procedure to calculate provident fund, esi, vat and sales tax.
IS THERE IS ANY EXUMTION FOR THE NEW CONCER TO NOT THE DEDUCT TDS IN THE 1st YEAR OF ITS INCORPORATION IF THE TURNVOER EXEED THE SPECIFIED LIMIT IN THE 1st YEAR.
What do you understand by transfer income?
We have a constructed a goverment approved textile park in year 2007. will we have to pay Service Tax on that Construction Service?
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.