Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2014 Hi, I'm working in a Resident Welfare Association in Gurgaon as an accountant. I just joined here. Should we deduct TDS on payments made to a contract whose monthly bill is Rs.5 Lcs monthly. Since this is a resident association so I have some confusion. Please suggest me.Thanks (Ramesh)

27 February 2014 well even if you are a resident association, you are required to deduct taxes on the payments made.


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