Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

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


Please Help Members By Posting Answers For Below Questions

How is income tax calculated?

1150


what is deemed sales? how to calculated

2395


what is the prime cost? and factory cost how to calculate it?

2200


IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?

5827


We are a UK company selling electronic s/w licenses to customer in India. We have a PAN Number. Why is TDS being deducted on a product? Why is TDS calculated on the invoice value - surely it is supposed to be on Income and not Turnover? What is the correct TDS % deduction?

1932


How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?

2628


i dont no what is tcs and tds what the use and how to calculate Tcs&Tds

2155


define double entry bookkeeping

2343


What is the maximum amount to issue Form C to a dealer for the purchase of 40 crores in several bills in a quater?

11970


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.

1881


What is the SEZ formalties in cement Industry?

2626


accounting taxation

1873


What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.

1868


Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)

2499


How many heads are there under total income? Name them.

1267