tds

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janak

janak (Querist)
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15 September 2009 what is the current rate of TDS? R TDS rate different for different things?

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
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16 September 2009 Yes. TDS rates are different for different types of payments. If you want the summarised chart for TDS rates and types of payments, then email me at tarun2507@gmail.com. I will send you the chart.

janak

janak (Querist)
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16 September 2009 i needn,t now but can u tell me minimum or maximum level of TDS so that i can get basic knowledge about it

CA.Tarun Maheshwari

CA.Tarun Maheshwari (Expert)
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16 September 2009 TDS can't be explained like this. No maximum and minimum level. For each type of payments, different limits of exemption and different rates are prescribed. TDS mainly deductible on Salary, rent, contract, interests, professional charges, consultancy charges, job work, advertisement, lottery winnings etc. Every payment with different criterias for TDS.

janak

janak (Querist)
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16 September 2009 ok ,i m satisfied with yr ans .thanks for taking some time for my queries.

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