Tds

This query is : Resolved 

24 June 2014 actually we have one vender who sign as a proprietor. but when I saw his Pan its last digit is F. so I m confused wht amt of tds to deduct

24 June 2014 the Payment has to be done on PAN basis. if it is firm, then deduct at the appropriate tax rate..under 194c at 2%

24 June 2014 If 4th Alphabet of PAN is F then apply rates applicable to Firm. If 4th Alphabet is P then apply rate applicable to Individual.


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