Know when TDS applies to payments made to contractors for construction, repair, or renovation work. The rules specify who must deduct TDS, the applicable 1% or 2% rates, the ₹30,000 single-payment and ₹1 lakh annual thresholds, and separate rules for individuals and HUFs.
Are you building a house or commercial property? Know when TDS applies to contractor payments under Income Tax Act 2025
