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Acceptances of monthly deposit scheme of jewellers

This query is : Resolved 

04 December 2019 Is there any issues regarding acceptances of monthly deposit scheme by jewellers and giving bonus at the end of the year? Whether the bonus given need to deduct tds ?

04 June 2020 No TDS is required to be deducted for Bonus Payment but the same will be taxable in the hands of recipient.



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