Is it liabile for deduction of tds

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Artical
68 Points Posted on 30 January 2012

Hi frnds,

I have a doubt - If the trust have exemption certificate U/s 10 (23C) (vi) of  I.T. Act. i.e., exemption from Income tax, payer should deduct TDS on the payments? or  is it necessary to also get certificate u/s 197 (1) of IT act 1961 to not to deduct TDS?

 

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On 30 January 2012 at 16:01 Report
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CA PGDFM BCom
1518 Points Posted on 30 January 2012

Yes. Certificate u/s 197(1) is required.

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On 30 January 2012 at 16:25

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