Tds on contracts

This query is : Resolved 

30 December 2013 Dear Sir,

AS per Sec-194C, TDS should be deduct 1% in case of "Individual and HUF" and 2% for "Others". My doubt is Firms falling under which category either in "Individual & HUF" category or "Others" category?

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30 December 2013 PARTNERSHIP FIRMS ARE COVERED UNDER OTHERS i.e 2% IS APPLICABLE..



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