when to apply tds

Answer Posted / ravishankar

Tds-Tax Deducted at Source

Tds is to apply while making payments to vendors(for the
service rendered)

For example:Tds on contract,deducted 2.06%(or 2.266% not
sure in this)

Tds on brokerage,deduct 10.3%

Above mentioned rate changes as prescribed by central
government

Is This Answer Correct ?    12 Yes 4 No



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