Tds
This query is : Resolved
19 December 2011
1) Contractor is i) an individual ii) a company.
It provides services to i) an individual ii) company.
what is the rate of tds in all 4 cases, if the bill amount is Rs 5 Lacs
It provides services to i) an individual ii) company.
what is the rate of tds in all 4 cases, if the bill amount is Rs 5 Lacs
19 December 2011
When contractor is an Individual Rate of TDS will be 1%, If PAN not provided 20%, If Transport Contractor TDS NIL.
When Contractor is Company rate of TDS is 2%, If PAN not provided 20%, If Transport Contractor TDS NIL.
Threshold limit--
Single Bill Rs 30000/-
Annual Payment Rs 75000/- p.a.
When Contractor is Company rate of TDS is 2%, If PAN not provided 20%, If Transport Contractor TDS NIL.
Threshold limit--
Single Bill Rs 30000/-
Annual Payment Rs 75000/- p.a.
19 December 2011
Totally agreed with expert
23 December 2011
TDS PENALTY INTEREST RATES FOR FY 2011-12. IF SALARY IS PAID EVRY MTH OF RS 20000 as professional fees. but no tds is deducted and full amt is paid frm april to nov. now when the salary of dec is paid tds @10% which amts rs 2000 p.m for last 8 mths is deducted . and a chq of rs 4000 is paid as salary.wht is the int penalty .
Rate of Profession tax ? int penalty ?
Rate of Profession tax ? int penalty ?
27 July 2025
https://docs.google.com/document/d/1yJArtxHIcEY-LeEUBOvAr5WB6-VwNYEkmPS80ULvNLw/edit?usp=sharing
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
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Eway bill for machinery reparing
- Under construction property in ITR
- Gift of mutual fund units to daughter
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Building tax payment deduction in rental Income
- Reporting of STCG on Property in ITR
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
