Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2012 WHAT IS RATE OF TDS ON PAYMENT FOR WHEAT SORTEX PROCESS? PAYMENT MAKER IS PROPRIETOR
PLS REPLY FAST......ITS URGENT....

05 July 2012 yes 2 percent deductible under section 194c,the payment made is to indivual 1 percent,bt in your case the payer is individual,hope u be clear if receiver is individual too,then it must be one percent

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 July 2012 IS tds IS deducted on payer point of view or receiver point of view for deciding wheather that is individual/huf or others?

05 July 2012 Status of recipient is to be seen for deciding the rate of TDS.


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