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what is the percentage of tds on salary ?
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Journal entry for salary paid to Anil and tds deducted?
1) a) Salary Payable A/C Dr. TDS on Salary A/c Dr. To Salary A/c To TDS on Salary A/c b) Salary A/c Dr. TDS on Salary A/c Dr. To Bank
What is check name for TDS payments?
Tax deducted at Source
When was TDS introduced as a tax?
TDS IS TAX DEDUCTED AT SOURCE under certain circumstances it is required that taxes be deducted by the payer of the funds and has been done for a long time at some business operations.
What is the full form of tds in accounting India?
Tax deducted at source
What is the difference between TDS and service tax?
TDS is Tax Deduction at Source which is deducted from the service holder/ consultant during payment. At present, TDS is 10.1%. Service tax is a tax payable on the service provided by the service provider, at present it is at 12.36%
Journal entry for salary paid to Anil and tds deducted?
1) a) Salary Payable A/C Dr. TDS on Salary A/c Dr. To Salary A/c To TDS on Salary A/c b) Salary A/c Dr. TDS on Salary A/c Dr. To Bank
What is the rate of tds?
TDS Means Tax Deduction At Source .... Tax is the applicable Rate is to be deducted from the salary from the employee at the time of paying/ crediting the salary.... TDS rate is Depending on Basic amount ...
Percentage of tds for jcb hire charges?
The TDS (Tax Deducted at Source) rate applicable on JCB hire charges is 2% as per Indian tax laws for payments made to contractors and sub-contractors. This means that when making payments for JCB hire charges, 2% should be deducted as TDS and remitted to the government.
Tds is direct tax or indirect tax?
TDS means Tax Deducted at Source.....deducted by employers usually
What is check name for TDS payments?
Tax deducted at Source
When was TDS introduced as a tax?
TDS IS TAX DEDUCTED AT SOURCE under certain circumstances it is required that taxes be deducted by the payer of the funds and has been done for a long time at some business operations.
What is the full form of tds in accounting India?
Tax deducted at source
What is tds rate on photography service?
The TDS rate on any photography service is 10%. This tax amount is required to be deducted at the source.
What is the method of calculation TDS in salary?
Tds deducated on basic amount only not on service tax
How to calculate TDS in salary?
what formula we are using to prepere monthly Salary in V lookup
What is the meaning of tax deducted at source?
Tax deducted at source (TDS) is a form of tax collection in India used on income assessments. The tax paid is on earnings for the past year.
Have to deduct tds on Service Tax while making party payment?
TDS has to be deducted based on the TDS Rates provided for different nature of transactions like 2.266% for contractors, 1.133% for subcontractors and advertisement contracts, etc., TDS is required to be deducted on the Payment being made / amount credited to the party account. for example Consultancy service chages are Rs.1,00,000/- Add : Service Tax @ 12.36% Rs. 12,360/- Totaling to Rs.1,12,360/- Rate of TDS 11.33% on Rs.1,12,360/- amounts to Rs. 12,730/-
