dear members
actually I m saying I m working company here is many contractor. they making bill and I m deducted Tds 1%.and I make Balance amt paid . is deducted of 5% on Billing amt.???
1 Replies
Gokul Sharma
(jamshedpur)
(4095 Points)
Replied 08 December 2023
No not required to deduct 5%. if deductee is individual then1% and if company 2% to be deducted.
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