Answer Posted / yash chauhan
individual and huf is not liable to deduct tds if they were not required to get their accounts audited under section 44AB.in last financial year.
They need to get their accounts audited if their grss turnover exceeds 1 crore.
other entities are required to deduct TDS as per section:
192: for salary payment.
193: for interest on securities.
194: for dividend.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
What is the procedures for withdrawing of form C?
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?
can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.
What is US Tax Accounts? Can I get any information where from I take full knowledge about US Taxation?
How many turnover company active TAN no applicable and how many deduction % of service.
what is the difference between tds tax code and tds tax type in sap fi
Dearlers Margin Received for Direct sale from our Creditor, that TDS deducted for us. How to accounting in my records in Tally ERP 9
Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee
What is c.s.t slab on furniture & fixture ?
While depositing cash at any bank above then Rs 50K, we need to provide PAN Card or we have to fill form 60, but tell me why a person needs to sign FORM 60 if he is paying installments of >50K of Loan availed by him/her earlier? As if he is repaying Loan, not depositing in his A/c?
Dear Sir/Mam Please send me a return under delhi vat for learning purpose Thank & Regards Sonu Kumar
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
ie it possible to charge WHT and VAT on one trancaction? if yes,kindly explain the dynamics/working of both taxes
My Question is regarding WCT. During an audit of a company, i saw a contractor consolidated invoice for installation at site in which it shows labour charges and goods supply separately and no service tax and vat is charged. The company pay the whole amount to contractor after deducting TDS. my question is whether WCT also deducted? if deducted at which rate if company in gurgaon?