What is TDS ? What is the TDS Rate as per new accounting
period 2008 - 2009
Answer Posted / gajendra
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Suppose that a sub-contractor total work done for Rs.100 & he charged 10.3% service tax.Then total gross value will RS.110.30.On what amt you will (that means on total work done or total gross value)charged Retention@10%,WCT@3% & TDS@2%.
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