TDS Deduction for Sec TDS Section 393(1) - 1008 & 1009
Hi ,
There are 2 different TDS section is using for calculating rent for machineries and warehouse (building )
for TDS sec 1008 rate 2% and TDS sec 1009 rate is 10% and threshold for single inv is Rs 50000 and Cumulative Rs 600000
(threshold defined separately for both sections ) in some case we are paying both type of rent to same suppliers system calculating TDS based on the section and threshold definition
Requirement: system should be calculated TDS based on the PAN for both rates in single threshold slab how to achieve this requirement
Regards
Karthikeyan T