Tds deduction

This query is : Resolved 

06 July 2013 Dear Sir,

We have opened one one small PVT COMPANY who's annual turnover is less than Rs. 60,00,000/-.
In this regard is it necessary to deduct TDS against payment to contractors, professional fees, rent etc.

Regards,
Shrishail

06 July 2013 PVT limited companies need to comply the TDS provision irrespective of the turnover


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