05 July 2012
yes 2 percent deductible under section 194c,the payment made is to indivual 1 percent,bt in your case the payer is individual,hope u be clear if receiver is individual too,then it must be one percent
Querist :
Anonymous
Querist :
Anonymous
(Querist)
05 July 2012
IS tds IS deducted on payer point of view or receiver point of view for deciding wheather that is individual/huf or others?