Hello,
Nagar Palika gets water from MIDC and than supply it to consumer so I wants to know that is there any aplicability of tds on payment of water supply by Nagar Palika to MIDC. is there please provide detials.
Mansoori M. Zubair M.salim (M.Com / IPCC cum ATC / CA Final) (208 Points)
29 November 2014Hello,
Nagar Palika gets water from MIDC and than supply it to consumer so I wants to know that is there any aplicability of tds on payment of water supply by Nagar Palika to MIDC. is there please provide detials.
Gagan Deep Singh
(CHARTERED ACCOUNTANT)
(1190 Points)
Replied 29 November 2014
Recieving water & passing on to consumer is in nature of trading transactions & no TDS will be applicable.
Mansoori M. Zubair M.salim
(M.Com / IPCC cum ATC / CA Final)
(208 Points)
Replied 29 November 2014
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