TDS has to be deducted u/s 194I @ 2% i.e
TDS on plant & machinery
whether TDS applicable on forklift charges?
what is the percentage of tds on salary ?
Yes, terminal handling charges are subject to TDS (Tax Deducted at Source) as per the provisions of the Income Tax Act. This means that a percentage of the payment made towards terminal handling charges needs to be deducted and remitted to the tax authorities by the payer. It's important to ensure compliance with TDS regulations to avoid penalties or legal implications.
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.
TDS is an abbreviation in the transportation industry when freight charges are assessed. TDS means Transport Deductor Service. This means that the transporter of the freight is required to have certain credentials that meet the laws of both countries involved when shipment occurs overseas.
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.
water tds level
For certain situation the amount can be be up to 30% for the federal income tax purpose of withholding from the funds at the source of payment.
TDs are members of the Irish Parliament...
Shaun Alexander -----As of the start of the 2007 season, Marshall Faulk has 136 TDs, Marvin Harrison has 122 TDs, Terrell Owens has 116 TDs, LaDainian Tomlinson has 111 TDs and Shaun Alexander has 107 TDs, and Randy Moss has 101 TDs.
Tds Rates are NIL On Transport
Generally, a TDS level between 50-150 is considered as the most suitable and acceptable. Ans: If the TDS level is about 1000 PPM, it is unsafe and unfit for human consumption.