First year - no tds
This query is : Resolved
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
07 October 2015
yes for first year it is exempt for many organisations... but what u r working as ... company, firm. proprietor
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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