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contract

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(Querist)
27 January 2011 Any person can make contract themselves in between his two department & is ...? TDS Diductable
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Vivek Raju P

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Vivek Raju P (Expert)
27 January 2011 No there is mutuality involved if it is 2 departments of the same company and hence TDS will not be applicable. As TDS arises only when there is income chargeble to tax. The matter is different if these are 2 companies though forming part of the same group.
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Sandeep Kumar Mishra

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Sandeep Kumar Mishra (Querist)
27 January 2011 thanks for your replay
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Guest

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Guest (Expert)
27 January 2011 Mr. Mishra is very clear.
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