Tds..rate ........?


This query is : Resolved 

29 June 2012 1 )the trust is making payment to an individual( ragu ) for maintaining training team but he is not covered under payroll. can the Trust treat him (ragu) as contractor and deduct tds at the rate of 2% .....
2) since payee(ragu ) is an individual can the trust deduct at the rate of 1%....

29 June 2012 it should be deduct @ 1% as tds u/s 194C

29 June 2012 agree with hardik..


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