1%. Since firm is propritership.
Menu
Query tds under section 194 c
as u said ur company contracted with proprietor firm then it is clear his pan includes "p" in 4th digit.
tds rate for 194c is
1% for Individual and HUF(4th digit will only "P" "H")
& 2% for other than Individual & HUF(means it inclues company,firm,.4th digit of pan will be "C" "F" "T" "A" etc)
i think it will clear u
Thanks
Recent Topics :
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
- Where can students practice XAT PYQs effectively?
- Gst on Guest house 5% without ITC
- How do you collect documents from clients for ITR
- GST ITC on Construction/ Tenant Specific Renovatio
- GST Treatment and Reporting of Share & Mutual
- AGM Defective Notice
- IMS Rejection of Sales and Sales return
Related Topics :
CAclubindia
