banner_ad

194c

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 July 2013 Dear Sir,
If deductee is a pvt. ltd., tds should be deducted at 2% or at 10% u/s 194c?
Profile Image

Ashish Kukreja

Profile Image

Ashish Kukreja (Expert)
20 July 2013 Tds should be deducted @ 2% where deductee is a person other than individual or HUF.
Profile Image

Ganeshbabu K

Profile Image

Ganeshbabu K (Expert)
20 July 2013 TDS 2% applicable for 194C if payee is company,partnership

for the rest it can be 1%

10% is in case of 194I,194J

refer below chart for reference

https://asa-india.com/TDS%20Rate%20Chart%20AY%202014-15.pdf

Thanks & regards
Ganesh babu k
Profile Image

CMA. CS. Sanjay Gupta

Profile Image

CMA. CS. Sanjay Gupta (Expert)
20 July 2013 Section 194C:

Rate of TDS:

Individual/HUF @1%
Others @2%
If PAN not provided @20%

Threshold Limit:

Single Bill Rs 30000/-
Annual Total Rs 75000/-

TDS required to be deducted when threshold limit is crossed.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
ARTICLESHIP 28 May 2026
Accounts, Audit & Compliance Executive

Shyam Joshi & Associates

Pune

B.Com

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details