Tds deduction rate for security guard agency

Quick Summary
TDS on security guard services is deducted u s 194C not 194J. Rate is 1 percent for individuals or HUF and 2 percent for others subject to threshold limits. Applies to service contracts like security services.

Section 194 C clearly specify the work. 
Then why we need to deduct TDS u/s 194C ??

The purpose of TDS under Section 194C is to ensure that the income earned by contractors and sub-contractors is taxed at the time of receipt, rather than at the time of assessment. This helps the government in collecting tax revenue on a timely basis and helps to prevent tax evasion.

TDS is deducted at the rate specified by the Indian tax authorities, which is typically 1% for individuals and 2% for companies, subject to certain conditions.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details