Tds for sub contract

This query is : Resolved 

22 December 2013 hi Am running private limited company i.e painting contracting company. 1. we taking home painting work contract from the customers and give the sub contract to to paint worker by leasing our profit. is required to deduct TDS while giving sub contract to workers? if s how should I deduct? Pls help me to resolving this problem?

22 December 2013 Yes TDS required to be deducted u/s 194C.

Rate of TDS:

Individual/HUF 1%
Others 2%
No PAN 20%

Threshold Limit:

Single Bill Rs 30000/-

Annual Payment Rs 75000/-


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