Tds deduction
This query is : Resolved
14 December 2013
hii!! i m a Account Assistant. following is my queery
As per the TDS Rule, i Stared to Deduct TDS on advance Paymnet Basis . i deduct TDS 2% as it is contractor & he has told that hi has firm PAN Card . but when i received a Bill the PAN no. is of Client Name(individuals) & not the Co. Name. in this situation shall i continue to Deduct 2% TDS or else 1%
As per the TDS Rule, i Stared to Deduct TDS on advance Paymnet Basis . i deduct TDS 2% as it is contractor & he has told that hi has firm PAN Card . but when i received a Bill the PAN no. is of Client Name(individuals) & not the Co. Name. in this situation shall i continue to Deduct 2% TDS or else 1%
14 December 2013
If possible you can adjust the tds amount with rate of 1%, otherwise let it 2% only
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
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Regarding appeal to GSTAT
- SALE OF MOTOR CAR BY REGISTERED INDIVIDUAL
- LC charges in relation to Asset purchased should be Capitalised ?
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- Value of property in capital gain
- Transporter Declaration form
- Copyright software
- Invoice V/S Goods receipt Note Date
- Form 121 & TDS deduction
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
