Do we deduct TDS while making payment for AMC of UPS /
computer of less then Rs.5000/- if yes then @ what rate?
Answer Posted / karuppusamy
AS per section 194-C of the IT Act, AMC for Computer/UPS
will cover under this section, but you need not deduct TDS
unless the single payment exceeds Rs.20,000/- or multiple
payment (or the Contract value)dduring the financial year if
exceeds Rs.50,000/- then only TDS @ 2%
| Is This Answer Correct ? | 13 Yes | 6 No |
Post New Answer View All Answers
In one year how many times tds, service tax, and Mvat is paid?
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
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.
Explain the Calculation of Sales Tax?
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
what is the difference b/w deferred tax exp and defeered tax liab? should Deffered Tax expense be deducted b4 computing Net profit?
how i get h form
which form is used for issuance of C Form ,F form etc. from Sale tax Authority (Haryana), when should be apply? what documents to be submitted?
Type of form use in sales Tax
Is there any criteria for percentage define of TDS rates? and What is the major advantage of introducing DTC and GST by Central Govt?
certificate of export is for which items?
ER-5 & ER- 7 ER -4 related all information 1) What Fill The ER-5 & ER- 7 ER -4 2) What Infomation Fill In the return
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.
What is DSCR and how to calculate the same.