TDS

This query is : Resolved 

08 June 2011 whether govt. company/association is liable to deduct TDS on payment made to govt company/ association.

09 June 2011 Yes. Govt companies /association are also covered under TDS provisions.

However, in case of payment of Interest or Dividend or other sums payable to the Govt or RBI etc.. no tds is required -pl refer Section 196 for further information.

09 June 2011 Govt. co. /association are liable to deduct TDS on payments made to govt. co/ association

10 June 2011 sir can u provide any circular


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