Tds on security deposit


This query is : Resolved 

(Querist)
18 April 2015 Should the Promoter in a Land Joint Venture be allowed to deduct TDS on the Security Deposit given at the time of entering into the JDA ? Is it Mandatory to do so as per IT rule?

18 April 2015 no tds is applicable in such case............

Venugopal (Querist)
19 April 2015 Thank you for your reply.


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