Tds on contracts
This query is : Resolved
A.JAGADEEP
(Querist)
30 December 2013
Dear Sir,
AS per Sec-194C, TDS should be deduct 1% in case of "Individual and HUF" and 2% for "Others". My doubt is Firms falling under which category either in "Individual & HUF" category or "Others" category?
AS per Sec-194C, TDS should be deduct 1% in case of "Individual and HUF" and 2% for "Others". My doubt is Firms falling under which category either in "Individual & HUF" category or "Others" category?
Guest
Guest
(Expert)
30 December 2013
PARTNERSHIP FIRMS ARE COVERED UNDER OTHERS i.e 2% IS APPLICABLE..
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