Tds

This query is : Resolved 

17 January 2012 since which date TDS on contracts is deductible @ 1%, whether company or non company...???

17 January 2012 TDS on contract is governed by Section 194C and rate of TDS is---
Individual/HUF @1%
Others 2%
If PAN not given 20%.

17 January 2012 thanks sir, but i heard rates are changed and it became 1% for both company and noncompany deductee...

17 January 2012 No such news as yet. Check out the file from below link for details regarding the rates....

https://www.caclubindia.com/share_files/tds-rate-chart-ay-08-09-to-ay-12-13-43866.asp

18 January 2012 got it sir, thanx a lot...


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