Labour charge 100000  deduction tds 5%

Answer Posted / raghuvstar@gmail.com

Rate of TDS Deduction for Labour is 1% or 2%

Individual/HUF 1% >100000*1%
Other than Individual/HUF 2%>100000*2%


75,000 is the limit Per year.
30,000 is per transaction

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the types of liabilities accounts?

624


when dissoluction of firm why investment flchuationfund subtrect from book value

1543


Explain purchase day book.

658


How familiar are you with crm?

625


What is the fictitious assets?

647






sir , i am very confussing enrty for cash receipts in t code fbcj. do the effect on wbs element after selected wbs ?

1613


any one provide me mm & fi configration steps

1467


adjustment entry showing in tally such as outstanding salary prepaid salary etc.

2754


all ques. related to accounts?

1683


Do you know in accounting, vat abbreviates what?

656


What are the major components of country's trade account?

2516


What is an accounting transaction?

709


x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?

1690


Private purchases amounting to rs 5000 have been debited to purchases account

1021


What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.

1457