Wat will be the nature and % of tds
This query is : Resolved
30 August 2011
we are doing some medical projects for the govt of india. and we have signed a contract for the same.
now will it be a professional services on our part and govt will deduct 10% or, it will be treated as contract and 2% will be deducted ?
now will it be a professional services on our part and govt will deduct 10% or, it will be treated as contract and 2% will be deducted ?
30 August 2011
it is nature of professional service, TDS apply 10% as per section 194J
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