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What is the latest ralte of TDS on contractors or professional ?
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Answer / amyth
TDS for Professionals - 10%
TDS for Contractors: -
* Main Contractor (other than Advertising) - 2%
* Main Contractor (Advertising) - 1%
* Sub Contractor - 1%
Surcharge and education cess to be added depending upon the
status and total income of the payee
| Is This Answer Correct ? | 19 Yes | 3 No |
Answer / gajendra yadav
TDS for Professionals - 10%
TDS for Contractors: -
* Main Contractor (other than Advertising) - 2%
* Main Contractor (Advertising) - 2%
* Sub Contractor - 1%
Surcharge and education cess to be added depending upon the
status and total income of the payee
| Is This Answer Correct ? | 6 Yes | 3 No |
Answer / sathish.thumma
Professional and technical charges paid by company ,they
are deducting 10.33% of Tds
| Is This Answer Correct ? | 8 Yes | 6 No |
Answer / ca
TDS for Professionals - 10%
TDS for Contractors: -
* Main Contractor (other than Advertising) - 2%
* Main Contractor (Advertising) - 1%
* Sub Contractor - 1%
No EC or SHEC or Surcharge...
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / harsha
contract section 194C =2.266%
PROFESSIONAL SECTION 194J=11.33%
| Is This Answer Correct ? | 3 Yes | 5 No |
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