Answer Posted / arun kumar samal

Sec.194C-Payments to resident contractors (section 194C).
If any contract value exceeds Rs 20,000 or Rs. 50,000 in
the aggregate during the financial year, you must deduct
TDS at 2.06% of the payment if payment to contractor (for
contracts other than advertising contracts). (Exception:
Individuals and HUF whose sales/gross receipts in business
is less than Rs 40 lacs or professional receipts is less
than Rs 10 lac are not required to deduct the TDS).

The TDS on freight charges is 2.06%. The transporter or
freight carrier firm is a contractor to carry your goods.

At what rate firms are required to pay tax on their income?

1214

---

How can company withdraw the amount of Group Superannuation of the employee who has left the job before completion of one year ?

1916

---

what is period VAT revised return can be filed?

1704

---

I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

2029

---

What is c.s.t slab on furniture & fixture ?

2242

---

what is the exise limit in granite manufacturing

1912

---

Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?

2628

---

What is the procedure to take modvat and its form number

2463

---

what is the detail procedure to filling ITR-I,ITR-II AND ITR- 1V V1 IE e-filling procedure

2072

---

I have mentioned the buyer as in Kolkata and the consignee's in Jharkhand now the consignee has issued the C Form whether the C Forms is acceptable or not kindly help me

1767

---

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?

1032

---

Hi, I am a VAT/CST dealer in Pune. I had got a work contract with other AP state government. can i purchase material in AP state on 2% CST on issuing 'C' form and supply the same material to the AP state government on VAT /CST 5%. As the government departments are not issuing 'D' forms. please guide.

2152

---

If a person got gold by wining a lottery and TDS on the gold value was not deducted by the deductor. After getting the gold, the person tranfer the gold to his daughter. After reading the provisions of the Income Tax Act, 1961, you are required to state that who is liable to pay the tax on the value of the gold? and is there any liability of the Deductor towards non-deduction of TDS?

3234

---

if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?

2097

---

what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this

1958

---