Tds rate for charitable trust

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Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013 what is the rate at which TDS to be deducted under 194c in case contractor is a charitable trust

Nikhil Kaushik (Expert)
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14 December 2013 you will have to deduct at 2%

Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013 Thanks Sir, But the status of Charitable trust in IT is of AOP and Aop applicable rate is that of Individual. kindly explain.

Nikhil Kaushik (Expert)
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14 December 2013 you are confusing between TDS rates and slab rates.

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Querist : Anonymous

Querist : Anonymous (Querist)

14 December 2013 ok sir thanks for your information.

Nikhil Kaushik (Expert)
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14 December 2013 you are welcome Senthil.

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