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Tds on sponsorship

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(Querist)
31 October 2014 Will be TDS applicable on sponsorship of Rs. 200000/- without ST.
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Harsha goyal

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Harsha goyal (Expert)
31 October 2014 Yes TDS is deductible.

1% where payment/credit is to an individual/HUF

2 % where recipient is any other person

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