Tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 January 2013 Dear Experts,

Tds should be deducted as per the pan fourth digit shows ???????? (Like P for Individual, F For Firm Etc.) or should be on the nature of payment

15 January 2013 It depends upon both.
.
Different rates have been prescribed according to the nature of payment.
.
Individual and HUF payee in certain TDS Sections, enjoys lesser rates in compare to other payees.
.


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 January 2013 Thanks for the reply, we contracted with one courier Company (Pvt Ltd.) company's pan fourth Digit shows P (Individual) than which rate should be apply.2% or 1%


16 January 2013 Please refer the below link for complete details:-

https://www.caclubindia.com/share_files/tds-rate-chart-f-y-2012-13-52116.asp#.UPYh2VJK31U



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries