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Querist : Anonymous

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Querist : Anonymous (Querist)
17 June 2011 if Co. develope a software from IT Co. as per own requirement and paid amount Rs.80000. whether tds should be deducted or not. if yes, then professional or contractor.
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Rakesh Jain

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Rakesh Jain (Expert)
17 June 2011 Dear,

Said transaction does not attract the TDS.

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