194c
This query is : Resolved
20 July 2013
Dear Sir,
If deductee is a pvt. ltd., tds should be deducted at 2% or at 10% u/s 194c?
If deductee is a pvt. ltd., tds should be deducted at 2% or at 10% u/s 194c?
20 July 2013
Tds should be deducted @ 2% where deductee is a person other than individual or HUF.
20 July 2013
TDS 2% applicable for 194C if payee is company,partnership
for the rest it can be 1%
10% is in case of 194I,194J
refer below chart for reference
http://asa-india.com/TDS%20Rate%20Chart%20AY%202014-15.pdf
Thanks & regards
Ganesh babu k
for the rest it can be 1%
10% is in case of 194I,194J
refer below chart for reference
http://asa-india.com/TDS%20Rate%20Chart%20AY%202014-15.pdf
Thanks & regards
Ganesh babu k
20 July 2013
Section 194C:
Rate of TDS:
Individual/HUF @1%
Others @2%
If PAN not provided @20%
Threshold Limit:
Single Bill Rs 30000/-
Annual Total Rs 75000/-
TDS required to be deducted when threshold limit is crossed.
Rate of TDS:
Individual/HUF @1%
Others @2%
If PAN not provided @20%
Threshold Limit:
Single Bill Rs 30000/-
Annual Total Rs 75000/-
TDS required to be deducted when threshold limit is crossed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Applicability
- Is Aadhar PAN linking required for opening bank account?
- Legal heir raised refund , but refund issued to the closed account of deceased.
- TDS NUMBER SURRENDER
- Gst Sales of FY 2023-24
- Offsetting interest income against derivative trading losses
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- RCM - commercial rent paid to URP under GST
- Doubt in Form AOC 4
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
