sir, i have charged labour charges with material bill to x
party for Rs.211000/- plz explain me how much TDS amount
will deducte by party..
Answer Posted / dhruvil bhatt
If the situation is as above than one has to deduct tax on
total amount of bill i.e material + labour = total amount
on which TDS is to be deducted. Refer Circular no.715 dated
August 8,1995. if consolidated bill given and no separate
bill given than on gross amount of bill TDS is deducted.
| Is This Answer Correct ? | 10 Yes | 7 No |
Post New Answer View All Answers
what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.
is there any specific percentage related to lower tax deduction under tds
what is central excise tax
please provide to us the rules of wct in andhra pradesh (Hyderabad)
Please guide me... We are dealing in trading of industrial material. What is the difference between importer, 1st stage dealer, 2nd stage dealer and 3rd stage dealer? Whether all of these above can pass on the excise duty to the end user. Please tell me and thanks in advance.
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
how to calculate and submit to the concerned authority of pf,esi,pt. explaine?
what is the actual use of pure agent in tally erp 9 and why we use in tally .and what is the role of pure agent
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.
Which is the section or rule for non submitting c forms panelty and interest
i want about TDS full details with Limit,Rate and Entry in Tally ?
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
What doyou mean by assesment order? and for what purpose it will be passed?
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.
HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE