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TDS

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(Querist)
15 June 2009 hi

my query is regarding applicability of TDS on Rent where payee is Govt Undertaking / Govt Co and payer is a pvt sector undertaking

whether the payer is liable to deduct tax at source in such case??

If possible, please also quote the relevant Section of Income Tax Act
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VNS Sarma, Advocate

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VNS Sarma, Advocate (Expert)
15 June 2009 No.
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CA Nitin Wadhwani

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CA Nitin Wadhwani (Expert)
15 June 2009 Yes, there is no such exemption.




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