contract
This query is : Resolved
Sandeep Kumar Mishra
(Querist)
27 January 2011
Any person can make contract themselves in between his two department & is ...? TDS Diductable
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.
Sandeep Kumar Mishra
(Querist)
27 January 2011
thanks for your replay
Guest
Guest
(Expert)
27 January 2011
Mr. Mishra is very clear.
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