TDS on contactor

This query is : Resolved 

20 October 2009 here one of our transporter who is rugularly delivered material from Our works to TML.We deduct TDS @2.266% from his bill.But we came to know that from October there are some chage in TDS Rates.

Please would you help me on which rate we deduct tds

Regards,
N.RAMESH

20 October 2009 If contractor is Individual/ HUF TDS@1% in others case @ 2% from 1.10.2009. Now No need to deduct Surcharge & Cess.

20 October 2009
If the transporter given you the PAN then you need not deduct TDS w.e.f 01.10.09


20 October 2009 You can see the TDS Rate Chart also available in files



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