incometax.gov.in... read sec 192,193 $ 194... you will be get your answers...as well as you will bne understand abt tds too
you have given certificate charges , service tax , mention whether it is service rendered or only on service tax for eg:
service rendered Rs. 20000
Serv. tax 12.36 Rs. 2472
Total 22472
now in this case TDS is Charged on Rs.22472
Thanks for the reply Amit Sir. But the problem is i am preparing for my Gr-2 (PE2) and would not get the time to go through those sections. SO could you or anyone here tell methe answer.
Hi
u can find the answer to this question on www.incometaxindia.com
but according to me TDS should be charged on all this items.
but still u confirm it by visiting income tax site.
Thanks Varsha.
1. Certificate Charges - no
2. Professional and Technical fees - no
3. Service Tax - no
4. Freight and transportation charges - yes
5. port dock fees -no
6. Survey and Supervision fees - no
7. Weight expenses - no
8: Tourist Guide fees - no unless it inculdes services
9: Handling charges - yes if it is in the nature of services
10: Terminal Fees - no
11: Stuffing charges - exact nature/meaning required
12: Detention charges - as above
In fact unless the exact nature of expenditure is not known one cannot comment just by the name of head of expenditure.
Thanks a lot Rohit and perfect timing as my freind is coming to my house today and he will have some idea about his query.
TDS is applicable on Survey Fees under which Section. Is it 194J OR 194C.
Since Survey fees is technical in nature tax should be deducted as per 194-J
hi
I want to know what are the different rates of tds to be charged on different incomes.
please rply my query
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