Hi guys 👋 in this blog let's see how to deduct  the tax amount  that we are paying this is part 5
Winnings from horse race a book maker or person who has been given license to conduct horse racing or person who has been lies and to arrange betting in horse race liable to detect tax that source tax is detective the amount exceed 10000 the rate of direction is 30% payment of contractors and sub contractor the term contractor means agree into perform a work for another for a consideration the work maybe of any nature from supplying and labour to deliver of goods the main content should be that of person whose obliged to perform for another sub contractor is one who stands the work to the contractor Central Government State Government local authority Corporation company cooperative society authority constituted under any law Society trust University Sunday educational institution form individual and provided the total turnover exceed one crore or recipient from profession exceed 50 lakh is the recipient is a resident transport operator and if he furnishes Pan than tax need not be deducted at source provider that you see that is recipient owns 10 or lesser goods carries at any time during them previous year wait the Transporter does not furnish a fan tags has to be detected at the rate of 20% all these are will come under peoples are required to detects at source if the recipient rate of TDS 1 percentage 2 if if he is another person rate of TDS is 2 percentage advertising however a single payment does not exist 30,000 or aggregate payment does not exit 1 lakh no tax need to be detected and advertisement broadcasting telecasting including production of programs for such broadcasting telecasting carriage of goods and passengers by anymore other than Railway catering manufacturing or supplying according to the specification made by the customer by using material supplied by such customer or any person related associated to search customer for the work to be considered as job work the raw material is to be supplied by the customer that is the manufacturer himself the transaction will be treated as contract of sale and their own be any liability to detect tax applicable for Commission paid to agent for procuring business or of continuous renewal taxi don't be detected if the total payment does not exceed 50000 rate of deduction 5%. 
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