I am entering into agreement with a farmer for 20 years land lease, where i have to pay land lease upfront for 20 years @ 30,000 per year. As the amount payable exceeds Rs.2,40,000/- should i deduct TDS or not.
I am entering into agreement with a farmer for 20 years land lease, where i have to pay land lease upfront for 20 years @ 30,000 per year. As the amount payable exceeds Rs.2,40,000/- should i deduct TDS or not.
T R SOOD & CO
New Delhi
CA Inter
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Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
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CAclubindia
