TDS liable or not


This query is : Resolved 

(Querist)
04 January 2010 If One of the limited company is making payment of Annual fees to the one organisation for production of one of its products then tds is to be deducted on such payment? It is like a membership fees which we have to pay annually for being a part of so called organisation.Would it be considered as contract?

04 January 2010 Yes, it is a contract between two firms.


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