Applicability of tds for apartment common service payments
This query is : Resolved
06 January 2016
Is TDS applicable for payments made to security and other common services?
07 January 2016
any service done has to pay. for that the manager of the society called the society which cuts the cheque need to deduct not every member who pays to society, after all, services if collect more than 10 lacs per annum is liable to pay is the rider. so the security or any other services renderer need to give a declaration or give his taxing authority exemption certificate if his total service charges collected is below rs.10 lacs, then there would be liability on the person/entity taking the relevant service.
07 January 2016
Law maker has no clear idea in law making so he puts all the tax payers in quandary .
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