TDS
This query is : Resolved
14 October 2010
hi.... CA Club India, I had a doubt in TDS Section 194 c, Payment to Contractors. My doubt is , the rate after 1.10.2009 as
1. Individual or HUF 1%
2. Others 2 %
my doubt is rate has to be deducted based on payer or payee...........pls clarify my doubt...
1. Individual or HUF 1%
2. Others 2 %
my doubt is rate has to be deducted based on payer or payee...........pls clarify my doubt...
14 October 2010
Hello geetha,
The rate under this section is based on the supplier status.
Regards
P
The rate under this section is based on the supplier status.
Regards
P
14 October 2010
Rate has to be deducted on payee base i.e who is receiving the payment.
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