Easy Office
LCI Learning

Tds deduction

This query is : Resolved 

20 January 2015 if a PAN no having its 4th number is "P",it means PAN belongs to an Individual, suppose this individual using his PAN for his business (testing center), what will be the tds % is it 1% or 2%?

20 January 2015 wat is the business ? wat is transaction and whther he was liable to tax audit in previous year 2013 -14.

20 January 2015 having technical testing centre, he was liable last year not sure, he will conduct technical interview on behalf of us, will charge, so we have an verbal contract with him.
he is running a firm in the name of weld care , using his personnel PAN.




20 January 2015 if he was liable in last year then tds is applicable in this case/.

20 January 2015 what will be the tds rate(%)

20 January 2015 sec 194J is applicable as he is providing technical help and 10% is applicable.

20 January 2015 thank you...
they are charging like below,
Rs.5000 for interview cost and
Rs.15000 for technical testing cost, here Rs.15000 will attact 10% tds undr 94J, and Rs.5000 tds need to deduct under 94C, so my question is that, is tds is 1% or 2% (his personnel PAN using for his firm's business), i thing now u get my query well.

20 January 2015 if they are not ind or huf then 2% else 1%






You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries