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This all depends on who is renting. It will range from 10% to 20%.

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16y ago

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What is the current rate of tds for freight?

Tds Rates are NIL On Transport


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 ...


Hindi what is tds?

TDS stands for Tax Deducted at Source. It is a type of tax that is deducted by an individual or an organization while making payments such as salary, rent, commission, etc. and is deposited with the government on behalf of the taxpayer.


What is TDS rate on Payment for Retainership Fee?

10.33%


Interest rate on deposit of tds after due date?

1.5%


What is the meaning of TDS in bank sector?

TDS refers to Tax Deducted at Source. In regard to certain incomes, government makes it mandatory to deduct a certain amount of tax by the person who is making payment to other party. For example, while making rent payment by the tenant to the landlord, tenant may be required to retain a certain amount of rent payment as tax (TDS) and deposit the same with the government.


TDS on Supply of Printing and Stationery Items?

TDS is applicable only on income by the way of labour services, rent, professional service, lottery, etc, it does not cover sale of material, as long as stationary provider is not offering any customised product, & selling as it is, it does not attract TDS, if it offers product with customised solution, it will be subjected to deduct TDS on contractor \ subcontractor basis.


What is tds rate on photography service?

The TDS (Tax Deducted at Source) rate on photography services in India is typically 10% for individuals and Hindu Undivided Families (HUFs) and 20% for other entities like companies. This rate is applied to the total amount paid for the photography services and is deducted by the person making the payment. It is important for both the service provider and the service recipient to ensure compliance with TDS regulations to avoid penalties or legal issues.


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.


Complete information about TDS?

TDS, or Tax Deducted at Source, is a tax collection mechanism in India where a certain percentage of tax is deducted from payments made to individuals or entities at the time of transaction. It applies to various income sources, including salaries, interest, rent, and professional fees, and the deducted amount is submitted to the government. The rates and provisions for TDS are governed by the Income Tax Act, and taxpayers can claim credit for the TDS deducted against their total tax liability. Failure to comply with TDS regulations can result in penalties and interest charges.


What are TDS rate and under Sec Lab testing charges?

As per my opinion Lab Testing can be done by a professional Person. SO TDS should be deducted under section 194J. Thank You CA Priyank Bhattar.


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/-