TDS PERCENTAGE NEEDED FOR SOLE PROPRIETOR
This query is : Resolved
M. Senthilnathan
(Querist)
14 December 2019
Dear Sir/Mam
My vendor is sole proprietor of his concern for TDS he linked his PAN only, in this case what is the TDS percentage we need to deduct from his bill and pay
My vendor is sole proprietor of his concern for TDS he linked his PAN only, in this case what is the TDS percentage we need to deduct from his bill and pay
18 December 2019
% of TDS is based on nature of expenses.
194 J - professional services - TDS @10% for individual, firm and company
194 C - Contractors - TDS @1% for individual. 2% for firm and company
194 H - Commisison - TDS @ 5% for individual , firm and company
194 J - professional services - TDS @10% for individual, firm and company
194 C - Contractors - TDS @1% for individual. 2% for firm and company
194 H - Commisison - TDS @ 5% for individual , firm and company
M. Senthilnathan
(Querist)
02 January 2020
THANK YOU FOR YOUR VALUABLE REPLY SIR
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