deduction of TDS on Sub-contracting
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 March 2010
please tell me whether the contractor is liable to deduct TDS on Sub-contracting and if yes, what would be rate of deduction??
14 March 2010
YES CONTRACTOR IS LIABLE TO DEDUCT TDS ON SUB CONTRACTING @1%.
Message likes :
1 times
14 March 2010
if the deductees other than Individual/HUF is 2 %
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