Hi all,
please help me in knowing whether TDS is deductible for office construction work and if yes then at what rate??
thanks
Sireesha Gorti (Sole Proprietor) (174 Points)
26 June 2012Hi all,
please help me in knowing whether TDS is deductible for office construction work and if yes then at what rate??
thanks
CA Nabh Kumar
(In Job)
(42 Points)
Replied 26 June 2012
It depends on whether the work is carrying on through a contractor or not..
If work is done through a contractor TDS should be deducted :
In case, Contractor is company 2%
In case, Contractor other than company 1%.
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