Applicability of tds on trust

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Is TDS applicable to trust (school). if yes then what is the rate of TDS to be deducted under 194C

Replies (3)

Same as for others.

2% ... since it is not an individual

my client is deducting TDS @ 1% for contracts. 

No, TDS has to be deducted @ 2% only. There is short deduction on the client's part.


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