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why are cutting tds?



why are cutting tds?..

Answer / raghuvstar@gmail.com

As per Income Tax Act 1961 its liability to deduct TDS.

While paying to Vendor/Service Provider we need to Deduct TDS.

If Professional (194J) -10%
If Rent (194I) -10%
If Contract 1% or 2%

many more is there its depends on service

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