Tds doubt

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What is the rate of Tds under section 194c if payment is made to propertiory firm and tan number of person as an individual.

Form No.16 A issued as individual to that person.

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Originally posted by : Karan Gupta

What is the rate of Tds under section 194c if payment is made to propertiory firm and tan number of person as an individual.

Form No.16 A issued as individual to that person.

propiertorship - 1%

partnership - 2 %

unregistered - 2%

 

non furnishing of pan attracts tds @ 20% u/s 206AA

Rate of TDS u/s 194C for payment to an individual holding valid PAN is 1%

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