Tds
This query is : Resolved
15 December 2014
WHAT ABOUUT THE TDS ABOUT CONTRACTORS
15 December 2014
What is your exact question?
For contractors section 194C is attracted.
Rate of TDS:
Individual/HUF @ 1%
Others @ 2%
If no PAN provided @ 20%
For Transporter if PAN provided TDS NIL otherwise 20%
Threshold limit:
Single Bill/ Payment Rs 30000/-
Annual Total Rs 75000/- p.a.
For contractors section 194C is attracted.
Rate of TDS:
Individual/HUF @ 1%
Others @ 2%
If no PAN provided @ 20%
For Transporter if PAN provided TDS NIL otherwise 20%
Threshold limit:
Single Bill/ Payment Rs 30000/-
Annual Total Rs 75000/- p.a.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- 44AD VS 44AB AUDIT
- Correction in TDS return New Traces Portal
- Query Regarding Refund Adjustment Against Outstanding Demand
- Computation of Dividend
- TDS Return processing
- TDS on land property purchase Form-141 related query
- TDS NOT YET CREDIED
- Itr processing delay
- GST APPLICABILITY TO DIAGNOSTIC
- Clarification on GST Applicable for Training Hall Rent Invoice
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
