IF A COMPANY HAS MADE PAYMENT TO CONTRACTOR ( NON COMPANY) AND DEDUCT TDS @ 2.06% AND PAYMENT IS AROUND rS 14,00,000. WHETHER RATE OF TDS DEDUUCTED IS CORRECT?
05 January 2010
I would like to comment on reply of Heera Nahariya about paid after 1.10.2009. It is 1% only for Individual, HUF, BOI, AOP for others like Firm, Society etc it is 2%. Befor 1.10.09 Ed. cess, Higher Ed. Cess, Surcharge is applicable
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