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TDS Rates

TDS 1206 views 11 replies

Hi, I am new to the forum. Please tell me what TDS rate will be applicable to payment for freight? Whether payment to courier will also attract TDS

Replies (11)

1) Pyt of Frieght - Pyt to contractors

2) Yes pyt to Courier Co attracts TDS as it is pyt to contractor if pyt per bill exceeds Rs. 20000 & aggreagte pyt for the year exceeds Rs. 50000.

 

courir not liabile to tds & freight included Transport than it liabile to tds if bill single bill amount 20000/- or more & if yearly transport credit 50000/- or more of a party

Yes It is applicable under TDS on contractor on Freight only if the single bill exceeds Rs.20000/- or total bill amt. during a year exceeds RS.50000/-.

yes joti is right if the single bill exceeds Rs.20000/- or tolal bill amt during in a FY exceeds Rs. 50000/- will be aplicable ......................

 

Thank you everyone for the replies. We have filed 26Q E-Tds for Qtr 1 of 2009-10. But we have skipped deduction on TDS on some amounts. Can the revised E TDS return be submitted after depositing the TDS with Interest?

Originally posted by :Shamita
" Thank you everyone for the replies. We have filed 26Q E-Tds for Qtr 1 of 2009-10. But we have skipped deduction on TDS on some amounts. Can the revised E TDS return be submitted after depositing the TDS with Interest? "


 

Yes u can revise 26Q1.

Thank You Sir. What is the last date of revising 26Q for Qtr 1 of 2009-10.

There is no time limit for revising TDS Qtly Statement as such.

What is the new rate of  TDS  for the F.Y 2009-10

what is the TDS applicable on Hotel bill

Hotel bill  as conference charges ( Conference hall charges ) And  food bill include

what is the revised tax slab for salary deduction for the F.Y 2009-10


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