banner_ad

Tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
04 August 2014 Dear All,

We hire a travel agency named"New Bhawani travel" for a year.New bhawani is registered as individual firm.He has No pan number in the name of firm.He has Pan in the name of his proprietor.We paid Rs.37000 and deducted TDS @2% (194 C).But new bhawani object about deduction of 2% TDS.

So i want to know which tds rate is applicable. 1% or 2%

Kindly clarify me.

Regards,
Jitendra
Profile Image

CA SUNIL K GARG

Profile Image

CA SUNIL K GARG (Expert)
04 August 2014 TDS RATE IS 1% U/S 194 C, IF THE RECIPIENT IS INDIVIDUAL OR HUF . IN UR CASE IT WILL BE 1%
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
24 May 2026
Accounts & Tax Executive

PARAS KHURANA AND CO

New Delhi

B.Com

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details