Company should deduct TDS or not if Company is paying the amount directly to t

Company should deduct TDS or not if Company is paying the
amount directly to the Sub-Contractor by Debiting the A/c
of Contractor and Crediting the A/c of Sub-Contractor ??
Rate??

Question Posted / rahul sharma

1 Answers
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Company should deduct TDS or not if Company is paying the amount directly to the Sub-Contractor by..

Answer / surekha goud

company should deduct the tds and debiting to the sub
contractor account @ 1.2 % for below 10 lakhs contract . for
this the company should issue the tds certificate ( form 16
A). to the sub contractor.

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