Interested to Buy Any Domain ? << Click Here >> for more details...
(1) what is TDS
(2) what is the current Rate of TDS:
(A) payment of contarctor/subcontractor
(b) payment of professional charges
(c) payment of rent
(d) salary
- 6 Answers
- 20969 Views
- I also Faced
- E-Mail Answers
Answer Posted / neeraj suryan
Section Catagary Rate
194 A Intrest from bank 10%
194 A Other intrest 10%
194 B Winning from lottries 30%
194 BB Winning from Hourse Race 30%
194 C Contractors,Transpoters 2%
194 D Insurance commission 10%
194 H Commision 10%
194 I Rent 10%
194 I Rent Plant/ Machinary 2%
194 J Professional Fee 10%
No Surcharge & Cess is applicable form 01.4.2009
For Transportor no TDS if PAN is available.
In case of income
Male Normal age
160001-500000 10%
500001-800000 20%
More than 800000 30%
Female
190001-500000 10%
500001-800000 20%
More than 8 lakh 30%
Senior Citizen (more than 65)
240001-500000 10%
500001-800000 20%
More than 8 lakh 30%
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Which is the section or rule for non submitting c forms panelty and interest
HOW TO FILE RETURN- SALARIED PERSON GETTING SALARY 6 MONTH FROM ONE & 6 MONTH ANOTHER COMPANY
What do you mean by vat, vat registration total cost hydra bad in which places
what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?
What are allowable and dis-allowable expenditure?
th point in when will details wil get filled in ER1 2a and 2B?capg
What items fall under the category of ‘securities’?
IF I RECD ANY BILL TOWARDS PRINTING OF FORMS, VOUCHERS AND ON SAME VAT IS CHARGED 5%, IS TDS IS ALSO APPLICABLE FOR THE SAME.
HOW THE INTEREST WILL BE CALCULATED IF WE MAKE INCOME TAX RETURNS LATE AND WHAT IS MEANT BY YEAR END?
We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds
Can a person fill a nri in an income tax form if he has been out of india for six months though he is indian citizen?
Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c
Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
taxes leivied on carpentar & plumbing services
