Tds on contractors - 194 c
This query is : Resolved
17 September 2012
i want to know after what amount can i start deducting the Tds on contractors u/s 194 C. is the rate 2% applicable on single contractors and 1% on sub contractors.
what is the difference btwn single and sub contractor ?
what is the difference btwn single and sub contractor ?
CA Ayush Agarwal
(Expert)
17 September 2012
Main Contractor & Sub Contrator.
& rate are Same That is 1% Only.
In case of Company 2%
Other - 1%
so No Need to identify.
That Was Old Rule.
& rate are Same That is 1% Only.
In case of Company 2%
Other - 1%
so No Need to identify.
That Was Old Rule.
17 September 2012
bt when can i start deducting it
Message likes :
1 times
CA Ayush Agarwal
(Expert)
17 September 2012
Start When Cross the Basic Exemption Limit.
i.e. 30k per Contract,
or Cross in Total 75k.
i.e. 30k per Contract,
or Cross in Total 75k.
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