suppose we receive bill of XYZ Works co. mentioned "Proprietor" on Bill.
TDS should be 1% as individual / 2% as company/firm
what is meant by individual for TDS Deduction.
Experts kindly suggest.
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What is meant by individual for tds deduction?
Replies (1)
U RECEIVED A BILL FROM PROPRIETOR
DEDUCT TDS @ 1% FOR 194c IF APPLICABLE,
AND PAY BALANCE TO PROPRIETOR
ISSUE TDS CERTIFICATE FOR TDS DEDUCTED
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