DEDUCTION OF TDS

Company registered u/s 8, with charity purpose has to pay amount as charity to the various individual beneficiaries. Is the company liable to deduct TDS while making payments? If so, what is the rate of TDS to be deducted?
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Quick Summary
This discussion clarifies TDS deduction requirements for organisations registered under Section 8 for charitable purposes when making payments to individual beneficiaries. It also addresses TDS implications for Non-Resident Indians (NRIs) selling property in Mumbai, detailing the applicable TDS rates based on the holding period.

An NRI selling flat in Mumbai after 8 years. what should be the TDS
When an NRI sells property, the buyer is liable to deduct TDS @ 20%. In case the property has been sold before 2 years(reduced from the date of purchase) a TDS of 30% shall be applicable.

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