When we (Company) deduct surcharge of Contractor (above 10
Lakhs Individual, 1 Crore in case of Company) Pl confirm
the meaning of 10 lakhs and 1 Crore. Either it means
payment made to the contractor in a year by a company or
one & more company (Aggreg. Income). Pl explan in detail.
- 6 Answers
- 8834 Views
- Maruti Suzuki, I also Faced
- E-Mail Answers
Answer Posted / pawan chavhan
w.e.f 1-10-09 surcharge is levied only on salary and non on other payments.
In the above said question, surcharge is applicable on payment of income tax, if profit of the company is 1 crore or more and in case of individual is income exceeds 10 lacs.
tks
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the procedure for Delhi WCT payment , we have a registered office at mumbai and we have a branch at delhi for that renovation we have deducted WCT ,we have ur VAT and CST no for delhi branch do we need have additional registration for this payment
Can u provided all the dues date and depositing date which are used in general manner or Income tax..
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
how to adjustent the accounts part of the company and how to calculate vat and gst .kindly answer me sir. my e-mail id is:- dipak92.dip@gmail.com
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
sir, can you give me clarification briefly how to capitalized and which one capitalized
taxes leivied on carpentar & plumbing services
CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.
what is the Difference between Compound Sales and Deemed Sales?
What do you mean by fair rent?
What is the difference between excise & service tax?
About vat, service tax, tds, cenvat
Sir please confirm job work sale for clothes shat d1 yes & no
What is Form-I, FORM-F, FORM-H, FORM-E and FORM-C?
