IS TDS Rate 1% or 2% under Section 194C?

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  1. lovelrajesh

    lovelrajesh New Member

    sir i am rajesh kumar an accountant. deals in tds sir i am confusion that, in firm which rate of tds is allowed is it 1% or 2% ? .and one of our party who is a Dr. my senior deducted 30% tds as per 194J . could u plz help me on this issue. what rate should be applicable in firm or individual in FY 2015-16
     
  2. Manoj Mehra

    Manoj Mehra Active Member

    The TDS Rate is 1% if the payment if made to Individual/HUF and 2% if the payment is made to others
     
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