Tds u/s 194c


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Querist : Anonymous

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Querist : Anonymous (Querist)
22 June 2014 Please clear a doubt about rate of TDS u/s 194c applicable on proprietorship firm be considered as an indivisual - 1 % or other - 2%. also provide a link to get more for clarification.

23 June 2014 where is the doubt friend...isnt it a fact that proprietor means an individual????

Rupesh Jain (Expert)
23 June 2014 if firm in proprietorship/individual the TDs will be dedcted @ 1%. for detail you can see the section 194C.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 June 2014 Because PAN no are alloted different to an individual and to a firm.

24 June 2014 how is it possible? if its prop firm then both the ind and prop firm have same pan no.


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