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First year - no tds

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(Querist)
06 October 2015 Some has told me that, if this is your first year of your establishment, tds deduction is not required and that is to say that without cutting tds you can make payment to the contractors or professionals
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
07 October 2015 yes for first year it is exempt for many organisations... but what u r working as ... company, firm. proprietor
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
07 October 2015 Other than Individual and HUF you need to start deduction TDS from the very start on crossing the threshold limit under respective section.
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