how to calculate tds on labour charge
Answer Posted / nichit pandurang
1) TDS on labour charges are exmpted for per Bill Amt less
than Rs - 20000 and total bill amt for the FY is less than
Rs - 50000
2) Tds on labour charges before 30th sep is 2.06 for
indivitual & Company for 2.266 percent
2) TDS rate change on 1st of oct 2009 removed cess & S&H
ecess
4) on 1st april 2010 the tds rate was same but not
submition of PAN no it will be 20%
| Is This Answer Correct ? | 41 Yes | 8 No |
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