Tds exemption for llp

Priyank Shah (4 Points)

10 February 2016  
Hi Guys, I have an LLP providing services to another LLP. My question was - when i raise an invoice to the said LLP from my firm, are they liable to deduct TDS for the payments made to me? I am novice with tax related matters so any help here would be greatly appreciated. Does it also mean that when I make payments, I have to deduct TDS from each payment. Please note that I am in the 1st year oif existence