Section 194C TDS on Contractor Payment: Rates & Limits

Section 194C TDS on Contractor Payment Section 194C of the Income Tax Act, 1961, addresses Tax Deducted at Source (TDS) on payments to contractors and sub-contractors. This section ensures that tax is collected on time by making the payer deduct tax before making certain payments for work contracts. The term “contract” under Section 194C also […]