TDS Verification

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How to do ledger scrutiny for tds verification(TDS to be deducted not deducted how to find such things)
Replies (5)
Check the payments for expenses like contract , profession, rent , interest etc and check the individual limits and annual limits ..


Download The Tds charts and check with the the amounts
Regarding contract(194c) how to check should I go ahead with it

if you are paying amount for ''work'' to Contractor or Subcontractor you need to Deduct TDS under Section 194C at the Rate of 2% (For Contractor) and 1% For Sub- Contractor on the said Payment at the time of Credit or At the Time of Actual Payment

@ ankit chaturvedi
The rate under section 194C has not categorised on the basis of contractor or subcontractor.

The rate of 1% is applicable if contractor is individual or HUF and rate of 2% is applicable when contractor is Company, Firm, LLP ( means other than individual or HUF).
Last year TDs verification


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