Tds aplicabilty
This query is : Resolved
03 September 2011
Entry Tax of Rs 100000/- on Raw Materials is to be reimbursed to x company.
whether TDS attacts or not? if yes under which section
whether TDS attacts or not? if yes under which section
03 September 2011
No, TDS is not applicable on Entry Tax, further its' state subject to levy entry tax.
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03 September 2011
tds is not applicable on entry tax
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03 September 2011
TDS is not applicable on Entry tax
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03 September 2011
TDS is effected at the source when income arises or accrues. Reimbursement of Entry Tax will not result into income to the recipient.
Hence TDS is not applicable
Hence TDS is not applicable
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