Tds calculation of contractors

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 August 2013 dear sir/ma'am
please tell me the method of calculation of tds on contractor.

Thanks®ards
Manish Jha

10 August 2013 U/s 194C :
for ind and huf - 1%
for others -2%
for non an holders -20%

10 August 2013 TDS REQUIRED TO BE DEDUCTED @ ABOVEMENTIONED RATES WHEN THRESHOLD LIMIT IS CROSSED.

THRESHOLD LIMIT:

SINGLE BILL RS 30000/-

ANNUAL TOTAL RS 75000/-


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


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query