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Tds on Contractors
Please Provide Latest Rates on Tds on Contractors for Assessment Year 2021 - 2022 with Surcharge
Replies (5)
For Individual/Huf -1%
other -2%
Single contract- more than 30000/-
For One person in FY more than 100000-
then liablity will rise for deduction
other -2%
Single contract- more than 30000/-
For One person in FY more than 100000-
then liablity will rise for deduction
Tds rate is reduced by 25% is it correct
Yes.... from 14th May-20 the rates reduced...
*1 - 0.75
*2 - 1.5
*10 - 7.5
*1 - 0.75
*2 - 1.5
*10 - 7.5
For individual 0.75% and for company 1.5%
The reduced rate of 25% of the existing rate shall be applicable till 31st March 2021.
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