regarding tds

This query is : Resolved 

02 February 2011 Respected Sir,
I want to know whether on salary tds whether late payment interest is to charged.
2)on all late payment of tds to govt. interest is 1.25%p.m. or 1.5% p.m.
3) one person who is director not of our co. is making corporate films for our co. for presentations & promotions so tds to be deducted will come under professional fees or contract
4) if it is under contract then if he crosses limit of 75000/- p.a. at that time tds to be deducted or on initial payments

02 February 2011 1) Yes.
2) 1% from the deductible date to the date of deduction and
1.5 % from the deducted date to date of remittance.
3) Contract.
4) On crossing the limit tax is to be deducted on the entire amount.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details