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tds matters

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Querist : Anonymous

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Querist : Anonymous (Querist)
30 March 2011 If payment is made for the below doesit attract tds:
1.to a company for purchase of gift articles less than 20 k in a year
2.payment made for repairs of car
3.to a firm for purchase of gift articles more than 20 k in a year
4.to a individual for purchase of eatables less than 30 k in a year
4.to a hotel for oraganising a function of around 40k in a year
5.to reliance infocomm






30 March 2011 1> NO
2> YES, subject to threshold limit
3> NO
4> NO
4.1> YES, (Hotel) subject to threshold limit
5> For telephone / internet services..... NO TDS

30 March 2011 1. No

Reason :- the above kind of transaction were excluded from TDS.

2. Yes

The above transaction will cover under contract. But subject to the limit mentioned there

3.No

Reason :- the above kind of transaction were excluded from TDS.

4.Yes

The above transaction will cover under contract. But subject to the limit mentioned there

5. No

This kind of transaction were specifically excluded from tax


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