TDS deduct problem

If I am an individual and the dealer is a company, should TDS be deducted at 1% or 2%?
Replies (3)
Quick Summary
This discussion clarifies the TDS deduction rate when an individual is the recipient and a company is the dealer. The consensus is that if the transaction falls under Section 194C of the Income Tax Act, the deduction rate is 2%. If it falls under Section 194Q, a different percentage applies, and more details about the specific services are needed to confirm.

2% need to deduct
If it is covered under section 194C of income act then then 2% .

If it is covered under 194Q then different % is applicable
@ Sharma,

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