14 December 2013
hii!! i m a Account Assistant. following is my queery As per the TDS Rule, i Stared to Deduct TDS on advance Paymnet Basis . i deduct TDS 2% as it is contractor & he has told that hi has firm PAN Card . but when i received a Bill the PAN no. is of Client Name(individuals) & not the Co. Name. in this situation shall i continue to Deduct 2% TDS or else 1%