TDS basic

we are hrining of some private vehicle from local market thereafter the contractor has submitted the bill aginast hrining the vehicle. please adivse the rates for income tax,surcharge and education chages on the said bill so that we can pay to the contractor.

any tds tax liability on payment to no-resident company for frieght.

what is it ? how its fillup? giv eme full details of

in case of an employee  Tax is to be deducted  at an average rate which is calculated on the following basis

In the first step the total income of the assessee is to be calculated.

Then Tax on total income should be evaluated

Thereafter by dividing the tax payable with total Income we arrive at average Tax

This rate is to be considered for Tax Deduction while payment of monthly salary and the same is to be deposited to the credit of the Government on behalf ot the employee.

This is just an advance step to collect the tax in advance

 I Feel great even it clarifies single person's doubt. and i regret if am wrong

N my doors r always open for suggestions

Dear Sir,

We are a Residents Association and we have bank deposits which earn interest. Can we submit Form 15G to the bank and claim exemption from TDS?   We have no other income other than what is paid by the Members as monthly maintenance charges.

Dear / Respected Seniors and others 

i m totaly unaware about tds on salary and what is the process of deducet and deposited and filling online returne and  challan , so please share the basic of  TDS on Salary and others proces

dear sir

please send me any file about TDS , TDS Rates, Applicable, and nonapplicable, Filling return, deposited challan on line , how it refundable , what is the Forms of Tds So Please send me Link

My Email id is

omtomarbsr @ gmail.com

Hi friend

If i havent deducted tds on salary on monthly basis. i want to deduct it now ( as on 31st march11) then how i go ahead? it's company liability if company not deducting the tds or not.

Originally posted by : Rajneesh
	in case of an employee  Tax is to be deducted  at an average rate which is calculated on the following basis In the first step the total income of the assessee is to be calculated. Then Tax on total income should be evaluated Thereafter by dividing the tax payable with total Income we arrive at average Tax This rate is to be considered for Tax Deduction while payment of monthly salary and the same is to be deposited to the credit of the Government on behalf ot the employee. This is just an advance step to collect the tax in advance  I Feel great even it clarifies single person's doubt. and i regret if am wrong N my doors r always open for suggestions

Hi . what is the proceedure for E-filing of TDS quaterly returns?