Answer Posted / h.r. sreepada bhagi

Threshold Limit in respect to TDS (under Income tax in
India) refers to the gross amount up to which the amount
paid or credited need not be subject to deduction of Tax at
Source. These limits are specified under the relevant
sections of the Income Tax Act, 1961 (Eg. Sec 194C, 194I, etc.)

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.

1768

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Our firm is 7 years old. We don't have PT registration for partners as well as employee. If we do it now, will it be a problem or how much penalty will come. Any one can give suggestion.

1889

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treatment of Service tax and TDS

1970

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who will able to deduct the tds

6103

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

1068

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updated rates of sales tax & VAT in Maharashtra

2782

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I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5854

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meaning of accessory for central excise purpose

4352

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DEFINATION OF INCOME TAX , WEALTH TAX , INDIRECT TAX ,DITECT TAX , AND CORPORATE TAX ?

3283

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What is the difference between Indian and us taxation

2624

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Who is to paid income tax and what is the procedure of filling income tax return?

1935

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how to finalaze the balence process using tally

2515

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What items fall under the category of ‘securities’?

986

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What are the procedures for remitting WCT?

2075

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How can deduct tds from auction cases (timber)

1945

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