Dear Members,
Can any one pl. clarify the following.
What is the rate of TDS on Security Service, if the said firm is submitting the PAN which shows it is a non company nature.
Purna Chandra Patra (Accountant) (32 Points)
16 May 2011Dear Members,
Can any one pl. clarify the following.
What is the rate of TDS on Security Service, if the said firm is submitting the PAN which shows it is a non company nature.
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8639 Points)
Replied 16 May 2011
The rate for the Security Agency is as below--
If the payee is Individual or HUF - 1%
If the payee is other than Individual or HUF - 2%
It shall be categorised under 194C
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