THRESHOLD LIMIT TO DEDUCT TDS ON SECURITY SERVICES
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TDS ON SECURITY
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Man Power supply comes under section 194C and threshold limit is Rs. 1,00,000 in a year if single bill is equal to or greater than 30000 it is liable for TDS @ 2% for corporate deductee and 1% other than corporate deductee if PAN is available otherwise 20%.
Mostly contract labour & 194C is applicable if the security salaries are paid by the supplier of security
If it's in the nature of Manpower recruitment services like Fees paid for recruiting a person then it will be 194J.
If it's in the nature of Manpower recruitment services like Fees paid for recruiting a person then it will be 194J.
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