What is TDS? Please explain rate of TDS.
- 12 Answers
- 38110 Views
- Accounting, ITC Infotech, KMC, vguard, I also Faced
- E-Mail Answers
Answer Posted / kamal
TDS MEANS TAX DEDUCTED AT SOURCES. THAT MEANS TAX SHOULD BE
DEDUCTED ON THE INCOME OF THE ASSEASSEE AT THE TIME OF
PAYMENT OR AT THE TIME OF CREDIT WHICH EVER IS EARLIER.
| Is This Answer Correct ? | 127 Yes | 9 No |
Post New Answer View All Answers
when wct@8.75% is charged from the vendor. How much TDS has to be deducted against it??
we have sale material to party and freight paid by us. This freight charged in sale invoice than what is the entry of service tax in this case.
if the reparing & machinery maintanance for one party the whole year payment paid rs.75000/- crossed than tds is deducted from amount
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
Please advise where to enter Income tax paid to Govt. in tally and on which head account to be created///
Deferred taxation is a part of which equity?
WHAT IS TAXATION?
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes
I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries
Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V
if i am running a tank lorry and the income of the tank lorry comes under haryana VAT 2003?
Explain long term capital gains and how is it different from short term capital gains?
my manufacture company established in Excise exempted Area. and we pay freight to transpoter.& also deduct service tax.what will be the entry of this transaction. can i adjust this service tax payable from input service tax of telephone bill.
what is the percentage of W.C.T T.D.S to deduct from vendor, and is this includes T.D.S deduction or again T.D.S has to deduct separately?
