Tds applicability
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 September 2011
Is it necessary to deduct TDS in current year if TDS has been deducted last year......
also tell me weather TDS has to be deducted for payment to private electricity distributors....
also tell me weather TDS has to be deducted for payment to private electricity distributors....
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 December 2017
Applicability of provisions of TDS have to be seen from the point of view of each individual transaction. However, chapter XVII also prescribes certain yearly deduction threshold. So, Prima Facie, the reply to your first question is no. there is no compulsion to deduct TDS in the Current AY based on the deduction of Preceeding AY.
No TDS deduction required on payment of charges to electricity distributors
No TDS deduction required on payment of charges to electricity distributors
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Oct 2025 Invoices
- Under marginal scheme
- Import of Software Service.
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
