Tds on hospital construction

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srinivas (Querist)
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15 June 2012 Sir,

IN THE FOLLOWING EXP., FOR HOSPITAL CONSTRUCTION , TDS APPLICABLE, IF APPLICABLE MENTION THE TDS RATES , SECTION

1)PAYMENT TO LABOUR
2)PAYMENT TO PAINTER
3)PAYMENT TO PLUMBER
4)PAYMENT TO MASTRI
5)PAYMENT FOR INSTALLING OF AIR CONDITIONERS

ADVANCE THANKS SIR.,

daya shankar singh

daya shankar singh (Expert)
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16 June 2012 The available data is not sufficient for the decision.
The solution is on assumption basis,Contract value more than 30000/- per contract or 75,000/- during the year. Then TDS rate
For individual /HUF - 1%
For firms/ AOP - 2%
Domestic Companies-2%

All the amount which is paid under the contract, the TDS amount is accordingly deducted on the aggregate amount.