TDS Rate on factory construction work

This query is : Resolved 

12 February 2011 please let me know TDS % rate on advance payment on factory construction work and interest penaly rate

12 February 2011 TDS attracted u/s 194C.

Rate:
Individual/HUF 1%
Others 2%

Interest on late deposit of TDS 1.5% p.m. and interest on late deduction of TDS is 1% p.m..

For details see below link---

https://www.caclubindia.com/forum/details.asp?mod_id=109491


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