TDS Rates

1712 views 11 replies

Can any1 please upload the new TDS rates??

Actually, i've got confusion in 194A, when payer is firm, then what is the rate of TDS..its 10 or 20??

Thanks In advance..

Replies (11)
Sec 194A Individual 10% and Firms 20%

Dear,

Pls go to the below mentioned link

https://www.taxguru.in/budget-2010/tds-rate-for-financial-year-2010-11-assessment-year-2011-12-and-amendment-made-by-union-budget-2010.html

Dear Dimple


The correct rate is 10%. There is no circular to this effect. However the evidence,the term you used, is Part II of The First Schedule,clause 2(a), of the Finance (No. 2) Act,2009.

 

Dear Dimple

Pls go to the below file...i am highlight 194-a company tds %

From 1.10.2009.....

Sec 194A

If Receipient is an Individual or HUF - 10%

If receipient is a Domestic company or Firm - 10%

Please see the attachment.........

find the attachment..

w.e.f. 1.4.09, it is 10% for both individuals as well as company receipient. Before the mentioned date , it was 10.3% for individuals & 20.6% for company receipients.

 

Thnx

Shikha

THANKS A TON.......

THANKS ALLLL.......

please tell me something about tcs....i m confused...........

https://www.simpletaxindia.org/2008/12/tax-collection-at-sourcetcs-provisions.html

Read about tcs from here


CCI Pro

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