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What rate will be applicable on contractor

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(Querist)
17 June 2009 What the TDS rate will be applicable on contractor(Construction)
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chetan soni

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chetan soni (Expert)
17 June 2009 it is 2.06% for individual contractor if the aggregate amount of payment exceeds Rs. 10L then 2.26%

In case contractor is other than individual the rate is still 2.06 if the aggregate amount of payment exceeds Rs. 1Cr. then 2.26%

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