DEDUCTION OF TDS

Page no : 2

Dayal (Gen. Manager - Indirect Taxation) (3434 Points)
Replied 22 October 2007

We are not sure whether the lessor is a individual / HUF or Company and the turnover limit, not possible to coment on the % in absence of the information

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(Guest)

It should come under 194C only Since car hire does not come under defination rent

(Guest)

Dear Friends,

I have one query.

I am a retainer working for Wipro Infotech My salary is 11000 Rs.

But TDS deducted is 1037 RS can u inform me how can i save TDS .

Please do need ful.

Thanks in Advance

Brijesh Patel

9909944743

MOHINI (Assitanat Manager) (77 Points)
Replied 12 June 2008

please give me date of inocme tax

CA BHAVNA (JOB) (23 Points)
Replied 12 June 2008

Dear Friends,

Plz. let me know is there any liability to deduct TDS on reimbursement of freight advance paid by the supplier to the transportor, or we have to deduct TDS only on the freight amount paid the company.

with reference to provisions of Income tax act.

Regards,

Bhavna.

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(Guest)

Why does FBT includes expenses not directly linked with employees welfare such as sales promotions.

pankaj (Taxation expert) (63 Points)
Replied 10 July 2008

Two things:

1. Payer is liable to deduct TDS

2. Sec 194C & J refers to 'any payment'...means including reimbursements as well..

Suman Inani (Job) (0 Points)
Replied 10 July 2008

Whether TDS should be deducted on stipend receive by an articleld assistent?

Sathish k (Partner) (116 Points)
Replied 10 July 2008

dear bhavna

your query is not clear pl. elaburate

Raj (Job) (27 Points)
Replied 26 July 2008

Dear All,

I want return form for TDS work Contract.

RAj

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SAIKAT BISWAS (SERVICE) (36 Points)
Replied 16 August 2008

Please provide the under which section and rate the TDS would be deducted for below mentioned activity.

Bill raise for agency charges,dock staffing charges and labour charges

with regards,

Saikat Biswas

E_mail;saikat.biswas @ mycem.in

Prabhash Chandra Jha (TAX CONSULTANT) (48 Points)
Replied 17 August 2008

bhavna

if your company incurred the frieght charge then you should liable to deduct tds on whole frieght bills of the transporter. it doesnot matter that whole frieght paid by your suppliers.

Prabhash Chandra Jha (TAX CONSULTANT) (48 Points)
Replied 17 August 2008

dear brijesh your annual salary is only 1.32 lakh .when an individual income is exempt up to 1.5 lakhin f.y 2008-09. you should contract your personnal agest this matter. is he shoun to you as an emploee or you are contractor