Can we deducted TDS against Garbage Cleaning Charges Bill if Yes then please mention Section Code & Rate ?
Mihir (Wealth Manager) 24 September 2011
I think its 194C at 1% (if individual) or 2% (if company)
Let others reply.
Prakash (Chartered Accountant) 24 September 2011
Yes, U/s 194C
Rate--->1% or 2% (other than Individual or HUF) (Not just Company)
The above applicale only if the individual bill Exceeds Rs30,000 or Aggregate during the year exceeds 75,000 to same person