Answer Posted / k. srinivasa rao
TDS MEans TAx DEdected at Source, When we make the some
payments is exceed Rs. 20,000/- for one time or Rs. 50,000/-
per annum, we have to deduct tax and pay to the central
government, there is differents rates and different section
is there eg. contractors - 2.06% (if payment is more than
10.00 lakhs - 2.26%), on professional charges 10%
+Surcharge, Sub contractors - 1.02%
| Is This Answer Correct ? | 17 Yes | 0 No |
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