suppose we receive bill of XYZ Works co. mentioned "Proprietor" on Bill.
TDS should be 1% as individual / 2% as company/firm
what is meant by individual for TDS Deduction.
Experts kindly suggest.
Menu
What is meant by individual for tds deduction?
Replies (1)
U RECEIVED A BILL FROM PROPRIETOR
DEDUCT TDS @ 1% FOR 194c IF APPLICABLE,
AND PAY BALANCE TO PROPRIETOR
ISSUE TDS CERTIFICATE FOR TDS DEDUCTED
Recent Threads
- GSTR 2B ( MULTIPLE MONTHS )
- Eway bill generation for export material.
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
Related Threads
CAclubindia
