What will be the TDS rate on the Prized Amount given by a Chits Co. to its subscribers/clents?
Especially when the prized amount given, is in the form of Motor Bike?
Chits
Aparna Raja K.C (Student) (520 Points)
27 June 2011
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 27 June 2011
all prizes are subject to 30% TDS.