06 December 2008
For a full understanding of the provisions pl visit www.incometaxindia.gov.in > Tax laws and rules > act > Incometax act > chapter XVII > 194C.
06 December 2008
if the payment is to be made an individual and payment or amount credited is below 10Lakh, then the rate is 2.06% and if more than 10 Lakh then rate is 2.26%.
For other cases pls see the at above website for full details.
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