Tds deduction
This query is : Resolved
01 March 2014
Dear All,
Is there any provision for Non Deduction of TDS when both the deductor & deductee are government companies?
For Example: Company 'A' (a govt undertaking) providing service to another Company 'B' (a govt Undertaking) now when company 'B' wants to make payment to company 'A' for it's service, My Query Arrived.
Pls Guide me,,,
Regards,
Jordan
Is there any provision for Non Deduction of TDS when both the deductor & deductee are government companies?
For Example: Company 'A' (a govt undertaking) providing service to another Company 'B' (a govt Undertaking) now when company 'B' wants to make payment to company 'A' for it's service, My Query Arrived.
Pls Guide me,,,
Regards,
Jordan
03 March 2014
There is NO exemption for Government companies. TDS is required to be deducted.
03 March 2014
You are welcome. You should use the thanks button to convey your thanks.
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
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Rent lease agreement
- Relief u/s Section 89
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
