Tds

This query is : Resolved 

15 November 2013 what is rate for advt contract given to trust by the other trust ;amt 30000 what will be the TDs rate

15 November 2013 2%

15 November 2013 Dear Swapna,

If the total payments to the said contractor during the years is not going to exceed Rs 75,000, then no TDS is applicable on this payment as the amount doesn't exceed Rs 30,000

Hemant, please refer section 194C(5).


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