TDS for security services

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  1. ranjithkkutty

    ranjithkkutty New Member

    We are a Co-operative Housing Society. The agency who provides us with security services submits an invoice of Rs. 12,500/- every month. We pay the amount within 10 days of receipt of the invoice. Is Tax to be deducted at souce while making this payment?
     
  2. nllohani

    nllohani Member

    Tax has to be deducted on the payment @ 2%
     
  3. Neha Agarwal

    Neha Agarwal Member

    Deduct 2% If companies, 1% for Individual, Proprietor.
     
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