Point of tds
This query is : Resolved
11 June 2016
Dear Experts,
This is a case of government grant provided by the government to Inter-colleges for construction, up gradation and maintenance of Physical Infrastructures. The state government of Uttarakhand provides the grant to an unit formed by the name called "Rastriya Uchchtar Sikshya Abhiyan" (RUSA). RUSA disburses the amount to different inter-colleges. And the Inter-colleges have entered into an agreement with different construction agencies. The construction agencies sub-let the works to different contractors. Now, the query is that whose responsibility is it to deduct TDS? Should RUSA deduct it when disbursing the amount to Inter-colleges or Inter-colleges should deduct it while making payment to Construction Agencies? In my opinion, it is the responsibility of inter-college to deduct TDS while making payment to construction agencies. Am I right?
Regards
Madhav
This is a case of government grant provided by the government to Inter-colleges for construction, up gradation and maintenance of Physical Infrastructures. The state government of Uttarakhand provides the grant to an unit formed by the name called "Rastriya Uchchtar Sikshya Abhiyan" (RUSA). RUSA disburses the amount to different inter-colleges. And the Inter-colleges have entered into an agreement with different construction agencies. The construction agencies sub-let the works to different contractors. Now, the query is that whose responsibility is it to deduct TDS? Should RUSA deduct it when disbursing the amount to Inter-colleges or Inter-colleges should deduct it while making payment to Construction Agencies? In my opinion, it is the responsibility of inter-college to deduct TDS while making payment to construction agencies. Am I right?
Regards
Madhav
11 June 2016
Yes you are right only inter colleges to deduct TDS while making payment to construction agencies.
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