Payment on behalf of contractor to third parties
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 September 2016
IS payment on behalf of contractor to third parties for sub-contracts, supplies, consultancies taken for the main work liable to TDS and other deductions like (VAT/Service Tax/WCT) etc. Is normal TDS rate @2% (194C) is sufficient.
10 September 2016
Yes it is liable for TDS and other deductions. For consultancy 10% TDS rate applicable, for others normal TDS @2% is applicable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Soyabean hsn code and gst rate
- Last year TDS Claim
- NON- SUBMISSION OF LLP FORM 3
- Free lancer income
- LTCG for Assmt year 26-27
- CA IPCC Registeration in 2012, Is my registration Active or Expired
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
