TDS for Income tax exemption zone
This query is : Resolved
Jiwan singh
(Querist)
15 June 2008
Dear All
I am a employe in UTRAKHAND & here there is a income tax exemption for 10 Year. My Problem is :-
1- Will i deduct TDS on Labour jobs bills
A- Labour job bill received from Trader Uttrakhand (Income tax exempted unit)
I am a employe in UTRAKHAND & here there is a income tax exemption for 10 Year. My Problem is :-
1- Will i deduct TDS on Labour jobs bills
A- Labour job bill received from Trader Uttrakhand (Income tax exempted unit)
31 March 2012
The exemption is from payment of income tax and not from the provisions of TDS. Moreover, the exemption is available to manufacturing units and not every assessee.
TDS is still required to be deducted.
TDS is still required to be deducted.
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