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
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