How much tax to be deducted for labour charges for the assesment year 2010 - 11
Prabhudevaru (Article) (105 Points)
10 August 2010How much tax to be deducted for labour charges for the assesment year 2010 - 11
Sagar Zankhariya
(Audit Assist.)
(278 Points)
Replied 10 August 2010
Originally posted by : Shudhanshu Agrawal | ||
Specify the date for deduction |
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 10 August 2010
The payment is being made to company or firm or individual?
From 01.04.2009 - 30.09.2009
TDS rates 2.06
If payment to company above Rs. 1 crore then TDS - 2.266%
From 01.10.2009 - 31.03.2010
TDS rates on company & Firms - 2%
TDS rates on Individual or HUF's - 1%
Kalpesh Chauhan,
(Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com))
(8311 Points)
Replied 10 August 2010
Originally posted by : Aditya Maheshwari | ||
The payment is being made to company or firm or individual? From 01.04.2009 - 30.09.2009 TDS rates 2.06 If payment to company above Rs. 1 crore then TDS - 2.266% From 01.10.2009 - 31.03.2010 TDS rates on company & Firms - 2% TDS rates on Individual or HUF's - 1% |
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 10 August 2010
Yes i am sure.
You can also check the same with TDS rate chart from the files section.
Prabhudevaru
(Article)
(105 Points)
Replied 10 August 2010
can u please send the link to that file in files section. i am not able to find that