TDS DEDUCTION BOOK

This discussion clarifies TDS (Tax Deducted at Source) obligations for small civil contractors. It explains that Section 194C typically applies, requiring a 1% TDS deduction if payments exceed £30,000. Crucially, a PAN (Personal Account Number) is mandatory; without it, a higher TDS rate of 20% will be applied. Specific turnover thresholds for individuals and HUFs are also mentioned, with different rules for rent payments.