Question
What is the rate of TDS to be deducted in payment or
credit to a resident contractor/sub-contractor other than an individual or a Hindu Undivided Family?Solution
The rate of TDS to be deducted in payment or credit to a resident contractor/sub-contractor other than an individual or a Hindu Undivided Family (HUF) is 2%. For an individual or a Hindu Undivided Family (HUF), the TDS rate is 1% in case of payment or credit to a resident contractor/sub-contractor. So, the correct rate of TDS for payment to a resident contractor/sub-contractor other than an individual or HUF is 2%.
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
Which of the following is likely to increase the trade receivables collection period?
Use Direct method to calculate the net cash from operations of the company given the following transactions?
Sales in the year: ₹6,50,000
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
If net income is ₹10 lakh and number of equity shares is 2 lakh, what is the EPS?
If share capital is ₹10 lakh, reserves ₹5 lakh, and accumulated losses ₹3 lakh, Deffered tax liabilities are ₹1 lakh, provision for gratuity is ...
Which of the following is not a source of funds for a company?
Which of the following is correct about the liquidity position of a company whose current ratio is 2.5, and quick ratio is only 0.9?
A company has a Debt-to-Equity ratio of 2:1. It purchases a new plant for ₹5,00,000, financing it entirely by taking a long-term loan. What will be th...
