Tds
This query is : Resolved
27 July 2011
sec 194c attract expense done,tds not deducted full amount paid to company the following 2 bills 20000,30000 but 1 bill was pending to pay rs.50000
now i want deduct tds to claim as expense of the above 3 bills...
how much amount will deduct as tds?
now i want deduct tds to claim as expense of the above 3 bills...
how much amount will deduct as tds?
27 July 2011
If the contractor is an Individual or a HUF
deduct 1%.
In other case deduct 2%.
TDS to be deducted on all the bills.
Adjust TDS of previous bills in payment.
deduct 1%.
In other case deduct 2%.
TDS to be deducted on all the bills.
Adjust TDS of previous bills in payment.
27 July 2011
TDS on Contractors need to be deducted when any payment exceed Rs. 30,000 or all payments in aggregate exceeds Rs. 75,000 p.a.
and such TDS needs to be deducted on whole amount(all payments in the financial year)
Rate of TDS as told by sir.
and such TDS needs to be deducted on whole amount(all payments in the financial year)
Rate of TDS as told by sir.
28 July 2011
Sir,Thank u to reply to me
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- TDS NUMBER SURRENDER
- Offsetting interest income against derivative trading losses
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Application of 115BAC
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
