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Tds on security deposit

This query is : Resolved 

18 April 2015 Should the Promoter in a Land Joint Venture be allowed to deduct TDS on the Security Deposit given at the time of entering into the JDA ? Is it Mandatory to do so as per IT rule?

18 April 2015 no tds is applicable in such case............

19 April 2015 Thank you for your reply.






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