Tds on contractor
CA Sahil Garg (Searching for Job) (171 Points)
24 November 2012
TDS under section 194C is 1% and 2%.
On whom 1% is applicable?
And
on whom 2% is applicable?
CA Sahil Garg (Searching for Job) (171 Points)
24 November 2012
Prashant Deo Pandey
(MBA-Finance)
(372 Points)
Replied 24 November 2012
Dear sahil
1% is applicable for HUF/Individual and 2% for others viz., company,firm etc.Plz go through the attached file for clear understanding.
CA Sahil Garg
(Searching for Job)
(171 Points)
Replied 26 November 2012
Does Individual include Propretorship Firm????
CA Manish
(Job)
(5264 Points)
Replied 26 November 2012
Yes, Proprietorship is nothing but an individual only.
CAclubindia
