TDS

This query is : Resolved 

16 September 2010 The Private Ltd Company is going to make the payment for virtual print and delivery charges of the movie. Whether TDS is to be deducted or not ? if yes at what rate under which section.

16 September 2010 In my opinion, its a contract based payment & will be covered under section 194C

Rate : Individual/HUF = 1%
Others = 2%



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