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what is TDS what percentage its calculated
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Answer / surender gupta
TDS (Tax Deducted at Source)
TDS Rates are depend on services
if the vendor is Contractor then TDS will be deduct 194C @2%
if Professional then 194J 10%
if we are paid the amount for Rent then TDS 194I @ 10% and
if we are paid the amount for rent of mechine & equipment
then TDS 2%
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