Tax deduction at source

This query is : Resolved 

25 February 2008 What is the rate of TDS applicable at the time of payment to a painter from whom we have purchased painting worth Rs.100000 and the paintings were made by him on our order containing the specifications.

25 February 2008 TDS U/S 194J FOR PROFESSIONAL CHARGES SHOULD BE DEDUCTED .THE RATE IS 10% + 3% CESS ON THAT.EFFECTIVELY 10.30%



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