Tds

This query is : Resolved 

06 September 2014 Pls let me know how to calculate tds rate on payment recd from party.
e.g. B/Amt 20000/- Recd payment Rs.18000/-

06 September 2014 TDS deducted is Rs 2000 i.e., 10% of Rs 20000. Please also check if the TDS has been deducted under appropriate section @applicable rates.



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