27 November 2014
If a propritership firm is deducting tds under 194C from a Partnership/Pvt Ltd. company what will be the percentage of deduction??? and if it wise versa what will be the percentage of deduction????
27 November 2014
Section 194 TDS rates depends on the payee not payer. so 1% incase if you are paying to non corporate payees & 2% if you are paying to corporate payees