Is TDS on the payment of maintenance bill of bank residential quarters of various Co-op housing society?
Maintenance bill contain namely Maintenance charges, Municipal Taxes, Electricity Charges, lift, water charges in which society act as a Agent who collects charges on behalf of member and spend the same to meet the various joint expenses of the society.
So please clarify, Residential Housing co-operative Society Maintenance bill payment are eligible for TDS Deduction if yes then under which IT section TDS will be debited and provide the details of section.
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