TDS applicable or not?

TDS 2293 views 8 replies

Hi...!

Assume that if government is the service provider, will it attract TDS or not? Reply me as early as possible..

Deepak

Replies (8)

no

as per my view one can not deduct t.d.s of govt.

but i am not fully sure about it

plz confirm it n do reply me also if possible

thankx

Yes.

I want know wether ca club had any software to convert TDS FVU file (which is filed with nsdl as a return copy of tds) to TDS Certificate

please help me out

 

YES

TDS is not applicable on Government services

I’ve idea for Section 194I only, which is following:
There is no requirement to deduct income-tax at source on income by way of ‘rent’ if the payee is the Government. (Here, payee means the party whom the bill amount needs to be paid)

yes

Originally posted by :paresh
" I want know wether ca club had any software to convert TDS FVU file (which is filed with nsdl as a return copy of tds) to TDS Certificate
please help me out
 
"


 

Sec 196 provide that no TDS shall be made if payment is made to :

a. Govt.

b. RBI

c. Corp. estd under Central Act, which under any law exempt from IT

d. Mutual Fund u/s 10(23D)


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