10% t.d.s needs to be deducted if one gets >20000/PA as
Consultancy charges. Is this law applicable to physically
chanllenged indiviuals whose disability is gtreater than or
egual to 80%. My disability is 80% and I am working with an
IT company on contract and gets 40K on a monthly basis
starting Nov 10. How much TDS should I be oaying. Could
someone please assist me with this query.
Thanks in advance:-)
Answer Posted / rajeev verma
you can pay 1% tds as a contract worker from your basic
salary as a indivisual.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain deferred tax asset?
how can I know the status of the service tax filing of my organisation when I don't have any details except St number. I want to know till what date the returns are filed etc as I have recently joined.
Is there any change in the section 80DD for the financial year 2009-10
I run a small consultancy firm (partnership with my mother) from my residence address. My firm is not registered, but I do have a separate PAN for it. I do not have any salaried employees. I get work done by freelancers and vendors and pay them against invoice. My annual revenues are just about Rs 5-6 lakhs. I am aware that I would need to register for service tax once I touch Rs 9 lakhs. But I am confused about my obligation to get a TAN and deduct TDS for all vendor/freelancer payments. Are there any minimum thresholds for withholding TDS? Right now I pay 100% of invoice amounts. Please advise.
What are the types of provident funds?
How Many Category of VAT in West Bengal
HOW TO FILE RETURN- SALARIED PERSON GETTING SALARY 6 MONTH FROM ONE & 6 MONTH ANOTHER COMPANY
what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure
certificate of export is for which items?
We don't have PT, s.tax registration. Our firm is 7 years old. If we want to register, what should we do? Any body can help.
WHAT IS THE PROVISION OF TDS RECEIVABLE AT THE TIME OF YEAR ENDING GIVE THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
Please mail me the TDS rates for the year 07-08? aamirdeba@in.com
Provision for Service tax, Income tax and Sales tax
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
What is the commitment to the bankers against L/C ? They need any colletral Security or any deposit ? What is terms & conditions of L/c?