TDS

This query is : Resolved 

04 November 2009 Dear Sir

My Firm is a partnership Firm Our Firm wants to Deduct TDS on contract of our party he is a Proprietor. At what Rate should the TDS Deducted.

TDS Deduction on whom Prop or Firm

Regards.

04 November 2009 1% if the contractor is Individual( which we call proprietor).

For Proprietorship business PAN is always in the name of Proprietor so Form 16A will be issued in Individual's name with his PAN.

04 November 2009 Agree with the expert




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