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Whether tds deduct or not in first financial year

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(Querist)
09 October 2015 dear member we have partnership firm start 1 may 2015 so can we deduct TDs of transport or not as its our first financial year please guide soon
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
09 October 2015 For firms TDS applicable from 1st year.

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