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More that 10,00,000/- tds rate to contractor

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(Querist)
01 September 2012 Respected Expert

in case of contractor payment
is more than 10,00,000/-
then what is tds rate liable to deduct from contractor.
for HUF OR IND
pls give suggestion
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CA AYUSH AGRAWAL

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CA AYUSH AGRAWAL (Expert)
01 September 2012 If Contractee is IND/HUF Then 1%
Other 2%

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