TDS Exemption Certificate and exemption.
VP Mari (23 Points)
23 November 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176622 Points)
Replied 23 November 2021
What is the mature of income? under which subsection it is exempt?
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176622 Points)
Replied 23 November 2021
The authority must have been notified for non-deduction of TDS.
If not, TDS deduction applicable, unless any certificate issued by ITO.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(176622 Points)
Replied 23 November 2021
The rule is the TDS is required to be deducted while making some payments as specified in different sections; unless there is any specific notification by Government for the organization; or if the ITO has issued any Non Deduction of TDS certificate, for specific transaction/event.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India