Non deduction of tds

TDS 653 views 1 replies

A Company in its Pre-operative stage has paid a rent amounting to Rs 3,84,000 (to a single party) but hasn't deducted T.D.S

Implications???

Is there any relaxation on the ground being Pre-opeartive...

Replies (1)

No according to me they will have to pay the TDS on behalf of the deductee and then deduct the same frm the next payment to the same deductee..!!!


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