Tds
This query is : Resolved
09 August 2011
As per IT rule TDS on contract for individual 1%
XYZ is a road contractor & total quotation Rupees above 10 Lakh then which percent we have to deduct the TDS 1% or 2%?
XYZ is a road contractor & total quotation Rupees above 10 Lakh then which percent we have to deduct the TDS 1% or 2%?
CA Navin Jain
(Expert)
09 August 2011
if xyz is a individual or proprietor then deduct the tds @ 1%
09 August 2011
Rate of TDS
Payment for a contract is to be made to individual/HUF – 1%
Payment for a contract is to be made to Other than individual/HUF - 2% (C
Payment for a contract is to be made to individual/HUF – 1%
Payment for a contract is to be made to Other than individual/HUF - 2% (C
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