TDS is
to be deducted on specified payment as prescribed by Income Tax Act by persons who are liable to deduct TDS. (Deducter/Payer) at prescribed rates by Income Tax Act.
So It is the duty of the deductor to deduct TDS as mentioned in
Income Tax Act. Each payment has its own rate of percentage to deduct TDS. The Rates of TDS for F.Y. 2016-2017 or A.Y. 2017-18 are
given below in chart form:
http://fantasticfunni.blogspot.com/2016/11/tds-rate-chart-for-fy-2016-17-and-ay.html
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