what % of tds on genset income

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Querist : Anonymous (Querist)
13 July 2011 I have given the genset to bank @ 15000/-per month including desel, mantanance cost etc. Now i want to know what % of tds on genset income is deducted whether 1% as it is contractual income or 10%

13 July 2011 Section 194C attracts. Deduct income tax @1%.


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