What is the rate of TDS for commission?

Answer Posted / arvind

Right the TDS on Commission is 10.3% but if the amount is
Rs. 2500/- or above in an year only then TDS on Commission /
Brokerage is to be deducted.

Is This Answer Correct ?    7 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

WHAT IS SHEDULE , HOW MANY TIPE OF SHEDULE IN COMPANY & PARTNERSHIP FIRM , WHAT IS IN EACH SHEDULE HEAD CONTAIN , PLEASE GIVE ME THE ANSWER ON MY E.MAIL sonidilip87@yahoo.com

1911


i want to know about Form c,D,E, E-1,E-2,F,G,H,I.WHEN IS LIABILITIES OF ISSUE OF ALL RELATED FORM ON SELLER AND BUYER.PLZ SEND THE ANSWER OF THIS QUESTION ON MY E-MAIL

1648


The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )

19814


what is the difference between vat 100 and vat 120?

2049


How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?

1526






what is vat adjustmant?

1816


can i adusted our vat credit in W.C.T. payable?

3185


How can I Return CST Form-I

1267


We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.

1666


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%.

1700


What are Excise Duty rates for Fin.Year 2009-10 for Pesticides and Chemicals Industries.

1900


Explain long term capital gains and how is it different from short term capital gains?

667


What is form c & d in sales tax?

734


What is FBT & Service Tax Remittances?

1808


WHAT IS THE PROVISION FOR NET PROFIT & LOSS IN PVT LTD CO & LTD CO GIVE ME THE EXAMPLE WITH ENTERY ON MY EMAIL sonidilip87@yahoo.com

1542