TDS Rate for contractor

TDS 646 views 1 replies

A Co-op Hsg Soc. is being repired( plastering, plumbing & painting)

payment made to contractor for the same must be tax deducted at source.

Q. at what rate should we deduct tax     is it 2% for such contracting work?

Replies (1)

ya co-op society should deduct 2% on credit or payment (whichever is earlier basis) 


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