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TDS related query
how much tds Deducted by the company and proprietorship firm give me a some example according to the company and proprietorship and how to calculate.
Replies (5)
Quick Summary
TDS is deducted on Gross value of invoices
Please sir give me a some example
Let us take an example of TDS assuming the nature of payment is professional fees on which the specified rate is 10 percent XYZ Ltd makes a payment of 50000 rupees towards professional fees to Mr. ABC, then XYZ Ltd shall deduct a tax of 5000 rupees and make a net payment of 45000 rupees.
50000 deducted by Rs 5000 to Mr. A
50000 deducted by Rs 5000 to Mr. A
Thank you so much sir
How much TDs deducted on digital signature?
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