Tds on security services (proprietorship firm)
This query is : Resolved
15 July 2014
Hi All,
Bill raised by the proprietorship firm name.
TDS is applicable 1% or 2%
Bill raised by the Individual Name
TDS is applicable 1%
How to be distinguished for 1% applicability.
Is proprietorship firm also to be considered under 1% tds
Bill raised by the proprietorship firm name.
TDS is applicable 1% or 2%
Bill raised by the Individual Name
TDS is applicable 1%
How to be distinguished for 1% applicability.
Is proprietorship firm also to be considered under 1% tds
15 July 2014
Yes Proprietorship Firm also fall in 1% TDS Bracket. Individual and Proprietorship Firm are same.
Rates u/s 194C is--
Individual/HUF @1%
Others @2%
If No PAN given 20%.
Rates u/s 194C is--
Individual/HUF @1%
Others @2%
If No PAN given 20%.
16 July 2014
proprietor ship/HUF TDS rate will 1%
for other than above @ 2%
if no PAN then @20%
for other than above @ 2%
if no PAN then @20%
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
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- Gst registered proprietorship firm
- Minimum tax payable to file Updated return
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Salary from Qatar in Dollars in India
- Tax rate change regarding
- GST ISSUE OF INPUT AND OUTPUT GST
- UDIN ISSUE
- TDS on purchase of under construction property from a reseller
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
