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how to calculate sub contract tds his bill 48500?
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Answer Posted / nagaraju
Since new changes in TDS rates there is no need surcharges
and educational cess.
if sub contractor is individual/HUF then TDS rate is 1%
then tds Amount =485/- (48500*1%)485/-
other wise tds Amount = 970/- (48500*2%)
| Is This Answer Correct ? | 25 Yes | 2 No |
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