TaxTMI 
TaxTMI 
194 c of income tax
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....94 c of income tax<br> Query (Issue) Started By: - sid chakravarthy Dated:- 24-2-2013 Last Reply Date:- 27-2-2013 Income Tax<br>Got 3 Replies<br>Income Tax<br>dear sir , i would like to know the prov....
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....isions of section 194C of Income Tax Act.whats the percentage of income tax for individual contractors and the firms doing the contract works. chakravarthy.s.n. Reply By Akash mahajan: The Reply: He....
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....llo sid, Tds in case of an individual and huf is 1% and for any other person, which includes your FIRMS, is 2%. Reply By AMIT JAIN, Advocate: The Reply: Dear Friend section 194C of I.T Act says ....
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....about TDS rate. which is in the case of Individual & HUF is 1% but other than Individual & HUF is 2% . Thanks Regards Reply By rinki todi: The Reply: TDS is to be deducted as follows: * @ 1% whe....
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....n the contract payment is being made or credit is being given to an individual or an HUF * @ 2% when the contract payment is being made or credit is being given to any person other than an individua....
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....l or an HUF. Point to be noted: we have to check the status of deductee and not the deductor.<br> Discussion Forum - Knowledge Sharing ....