Originally posted by : neha. | ||
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4(a) (i) 194 -D 10% (ii) 194 - C 1% Assumed that the firm is subject to tax audit (iii) TDS not Applicable. As it is only a cash discount (iv) 194- B 30% Circular: No. 264 [F. No. 275/58/79-IT(B)], dated 11-2-1980. |
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194 C its 2 % ... 1% is applicable to Individual or Huf others 2%