Can i deduct TDS on the basis of SAC code Services?

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Yogesh Dhaytonde

Yogesh Dhaytonde (Querist)
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28 November 2019
Hello...

Can i deduct TDS on the basis of SAC code Services?

Gokul Sharma

Gokul Sharma (Expert)
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28 November 2019 no you have to comply the provision of income tax act . tds section wise compliance need to follow.

Aashok Kumar Sharma

Aashok Kumar Sharma

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05 May 2020 TDS needs to be deducted keeping in line with Income Tax Provisions and as per limits and rates specified. It depends who is the recipient and what Income is being credited to his account regardless of HSN or SAC Codes of the transactions.

Aashok Kumar Sharma

Aashok Kumar Sharma

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09 August 2020 TDS needs to be deducted keeping in line with Income Tax Provisions and as per limits and rates specified. It depends who is the recipient and what Income is being credited to his account regardless of HSN or SAC Codes of the transactions.

Aashok Kumar Sharma

Aashok Kumar Sharma

(Expert)
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