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Tds

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(Querist)
06 October 2014 If A and B are two partnership firms and B constructs a road on behalf of A and gets 75 lacs from A. Is A liable to deduct TDS on that 75 lacs while the turnover of A and B is 85L and 95L respectively.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
07 October 2014 yes. Firms are not exempted deducting TDS based on their or deductee's turnover.
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