pls tell me tds new rate 1/10/09

Answer Posted / r.chandrasekaran

NEW TDS RATE W.E.F. 01/10/09 ARE AS FOLLOWS:

SEC 193 INTEREST ON DEBENTURES & SECURITIES FOR CO. 20%
OTHERS 10%
SEC 194A OTHER INTEREST > RS.5000/- COMPANY 20%
OTHERS 10%
SEC 194C CONTRACTS TO TRANSPORTERS,WHO HAS
PROVIDED A VALID PAN 0%
CONTRACTS TO INDIVIDUALS/HUF 1%
CONTRACTS TO OTHERS 2%
SEC 194H COMMISSION OR BROKERAGE > RS.2500 10%
SEC 194I RENT > RS.1.2 LACS/P.A.ON PLANT & MACH 2%
RENT ON LAND, BUILDING & FURNITURE 10%
SEC 194J PROFESSIONAL OR TECHNICAL FEE >RS.20000/- 10%

SURCHARGE AND EDUCATIONAL CESS HAS BEEN REMOVED TOTALLY FOR TDS

Is This Answer Correct ?    17 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?

647


Sir how the enter of GST adjust of sales return

1199


In South Africa , the current rate for value added tax is ?

1215


what is difference between budgeting and Forecasting

1209


audit under section and penalty under saction scurtiny under saction

1663






I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.

965


what is groups and and ledgers in tally can you give why we need to prepare them

2088


why accounting is important in business?

656


what is gl a/c? & why is it maintain

1463


Under the accrual basis of accounting, when revenues are reported in the accounting period?

571


WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?

1347


Mention what does the investment of personal assets by the owner will do?

705


x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

1694


WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

1542


What is executive accounting?

711