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we want to know that the rate of TDS on contractor , rent,
Professional and also know that what is the minimum amount
for TDS on Contractor , Professional

Answer Posted / sharyanch

TDS on Contractor 2% - Contractor bill Rs.20000/- in
lumpsum payment for TDS deduction or Rs.50000/- payment in
current financial year.
TDS on Rent 20%.
TDS On Professional 10% - Mimimum Rs.5000/-

Is This Answer Correct ?    7 Yes 8 No



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