03 January 2013
We have entered into an agreement for guarding services. The Current TDS that we deduct is 10% under sec 194J calling it manpower services as the position is of guard (he is receptionist).. But according to me the TDS Rate should be 2% under Sec 194C. Please tell me what should be the correct TDS RATE and the reason also..
Guest
Guest
(Expert)
03 January 2013
TDS applicable @ 2% u/s 194C. The list of professionals is mentioned in sec.44AA of IT Act, 1961.