A partnership firm made interest payment to KSFE Ltd. (wholly owned by Govt. of Kerala) Rs. 50,000.
whether the firm required to deduct tax at source?
Menu
TDS on interest payment to government company
Replies (1)
If KSFE Ltd obtained the exemption certificate from government, then TDS is not deductable
Recent Topic
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
- INCOME TAX DEPARTMENT: DOUBLE STANDARDS
- ITR-4,under presumptive Taxation
- TDS data mismatch with SFT
- Resale of under construction Residential Flat part
Related Topics
CAclubindia
