What is the TDS Rate?

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Praveeri (Querist)
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15 May 2009 Dear Experts,

Pls clear my doubt

1. Taxi hire charges paid to a Ltd Co, (one time) Exceeds Rs.20000.00 is it liable for TDS Deduction?

2.Technical service charge paid to "X Retail Managements". Cheque also issued to the same favour. PAN no given by the vendor belongs to Person Status. Now Pls tell me whether I have to deduct Surcharge also by treating as Judicial person or should not I deduct surcharge considering as Individual.

Thanks in advance.

CA Tilak Raj Sharma

CA Tilak Raj Sharma (Expert)
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15 May 2009 1. yes, liable for TDS u/s 194C.

2. No need to deduct surcharge.

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Praveeri

Praveeri (Querist)
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15 May 2009 Thank you sir,

Pls explain me in which cases we have to deduct surcharge (with possible explanation pls).

Thanks in advance.

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jegannath G

jegannath G (Expert)
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15 May 2009 if it exceed Rs 10000000

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Praveeri

Praveeri (Querist)
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15 May 2009 HI,

But I have asked for Judicial person category. Can you explanin the circumstances on which we will deduct surcharge. (for Judicial person there is no exemption limit).