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Greetings to All!

I am working in a logistics company in Delhi as a warehouse manager. Could any one of the valued members explain the actual TDS rates and the various forms related to the term? I shall be grateful. (A detailed TDS explanation would be of great help.)

Thanks and Best Regards,
Satyadev Rawat

From Denmark, Copenhagen
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Dear E. Shankar Ji, Thanks for your help. The details are realy useful. (could you plz clarify if these rates are applicable for FY-2007-2008) Thank u again. Satyadev Rawat 09811778725
From Denmark, Copenhagen
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Everything is applicable for FY 2007-08 except for a small change in service charges and professional charges. From 01.06.07 onwards, the TDS rate has changed. I am enclosing a Word document that is applicable in 2007-08, including surcharge and E.Cess. Please use this new attachment for rate purposes and use the old one for code, form number, and challan number. Alternatively, you can replace the old one with the new one.
From India, Madras
Attached Files (Download Requires Membership)
File Type: doc tds_105.doc (27.0 KB, 785 views)

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Dear E. Shankar Ji,

I am in the process of gathering information regarding Sales Tax, Service Tax, TDS, and VAT relevant to the FY 2007-2008. Actually, I am planning to switch over to a job in the accounting field. The books are not very supportive (more confusing).

I have already received valuable details of TDS from you. I would be very thankful if you could provide similar details of Sales Tax, Service Tax, and VAT in the Haryana and Delhi regions.

Thank you for your kind support.

Satyadev Rawat

From Denmark, Copenhagen
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I am in the process of gathering information regarding Sales Tax, Service Tax, TDS, and VAT relevant to the FY 2007-2008. Actually, I am planning to switch to a job in the accounts field. The books are not very supportive (more confusing). I have already obtained valuable details on TDS. I would be very grateful if any of the esteemed seniors could provide similar details on Sales Tax, Service Tax, and VAT in the Haryana and Delhi regions. Thanks for your kind support.

Satyadev Rawat

From Denmark, Copenhagen
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Please advise on the current rates of TDS applicable for the year 2008-2009. If possible, kindly provide the tax calculation sheet with some examples. Also, how should one file the return, and in the event of wrong deduction of tax at the source, what are the consequences?

I have one more scenario to inquire about: If we have deposited excess tax payable on rent, can this excess tax paid be adjusted against tax payable on a contractor or professional?

Regards,
Suresh

From Germany, Gutach
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Hi,

Thank you for the information, Shankarji. I always have to refer to the TDS rates for my billing process. The short explanation in the Word file was very useful and cleared up a lot of things for me.

Regards,
pune_sp

From India, Pune
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