Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
06 November 2012 Hi All

We have a vendor who printing of megzine of our company he is reqular vendor of our company we have paid him upto 60000 & i have a another invoice of 50000 Rs my question is that should we deduct of TDS or not.


Thanks & regards
Rawat017

06 November 2012 Yes you have to deduct TDS@2% under section 194C

06 November 2012 sec 194 C will be applicable.
if individual/HUF then 1%
else 2%


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Querist : Anonymous

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Querist : Anonymous (Querist)
06 November 2012 thank u parul & prashant



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