Скачать или смотреть TDS Rate % for Contractor / Sub- Contractor in India | TDS rates | KSMD& Associates

Hi everyone, welcome back to our channel.TDS is applicable on various types of payments, including payments to contractors. Under Section 194C of the Income Tax Act, 1961, TDS is required to be deducted on payments made to contractors or sub-contractors if the following conditions are met:
• The payment is for the execution of a work contract or supply of services.
• The amount credited or paid to the contractor or sub-contractor exceeds Rs. 30,000 in a single payment or Rs. 1,00,000 in aggregate during a financial year.
The TDS rate on payments to contractors is 1% for individuals or Hindu Undivided Families (HUFs) and 2% for all other entities. If the contractor does not provide a valid PAN, the TDS rate is 20%.


Book now - https://ksmdassociates.in/income-tax-...

100℅ paperless online basis

Our channel is about Taxation & other compliance . We cover a lot of cool stuff like Income Tax, GST Goods & Service Tax and More.

Visit Our Youtube Channel Here:
   / @ksmdandassociates  

Don't forget to like and subscribe.

Check Out Our Other Videos Here:
1⃣   • Why Income Tax Filing is mandatory | Part ...  
2⃣   • Why Income Tax Filing is mandatory | Part ...  
3⃣

Click Here to Check Out Our Awesome Services:
https://ksmdassociates.in/income-tax-...
https://ksmdassociates.in/fill-gst-mo...
https://ksmdassociates.in/accounting-...
https://ksmdassociates.in/corporate-c...

FIND US AT
https://ksmdassociates.in/

Get in Touch With Us | To avail our services,
Contact - [email protected]
[email protected]
(Or)

+918903257815

For more information & Updates, follow @ksmdassociates

#income #tax #filing #refund #incometax #incomestreams #taxation #gethelp #tds #incometaxreturn #incometaxindia #incomereplacement #taxas #taxaccountant #taxhelp #taxservices #taxrefund
#taxation #taxpro #taxcollection #taxnews #taxconsultant #residualincome #taxtips #ksmdassociates #salaryincome
#itdoodmemez #itmemes
#tdsrate #TDSforcontractor #Tdsindia com

Follow Us on Social Media:
✅ Instagram:   / ksmdassociates