Regarding tds


This query is : Resolved 

12 November 2013 Sir/Madam,
If a registered company u/s 25, pays its creditors will it be liable to deduct TDS??

12 November 2013 yes. TDS regulations apply to section 25 company.

13 November 2013 Sir while making payment to creditor will deductor have to cut tds @ 1 or 2% respectively??


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