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Tds on gift

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 April 2015 Dear Sir/Madam

can anyone guide me is there any TDS to be deducted on Vehicle gift to the Company by any other company
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
25 April 2015 No TDS required to be deducted on Gifts.

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