I Purchase Bills of Labour Charges I Have to Deduct a TDS for FY 2009-10 From April to Date Bills are allready Booked on Bill dates Please Say me at Wtat rate should the TDS Deducted I Purchase Labour Charges from Tirupati Enterprises he is a prop Firm At what rate should TDS Deducted for April to Sep 09 and from Oct what Rate.
Whose nature should be Consider for TDS (Creditors OR Our Firm) please clear the consept.
09 November 2009
nature of tds will depend upon the status of payee and tds wll be deducted as per provision of sec 194C that is before 30 sep 2%+3%= 2.06% from 1 oct 2% only
CAclubindia
