What is TDS ? What is the TDS Rate as per new accounting
period 2008 - 2009
Answer Posted / rajesh kumar jha
TDS means Tax Deduction at Soucre it means where the
income accured. tds is deducted by the company from the
individual, firm, co.as follows for
the asst year 2008-09 and 2009-10
Commission , profession , Business @ 10.3%
contracts @ 2.224 %
Sub-contracts @ 1.3%
Interest @ 10.3 %
Interest company to company @ 20.60
Rent ( below 120,000/- ) nill when we submit
15H form.
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