Dear All,
I m working with a event management company. For a event we aquired a building on rent for one day. Its charges is Rs 120000+Service tax. Now my query is TDS will be deduct or not .
Thanks in advance
Sachin Rajput (account exe) (593 Points)
15 March 2012Dear All,
I m working with a event management company. For a event we aquired a building on rent for one day. Its charges is Rs 120000+Service tax. Now my query is TDS will be deduct or not .
Thanks in advance
Pankaj Arora
(Learner)
(3134 Points)
Replied 15 March 2012
TDS Will not applicable since threshold limit 1.80Lac Not crossed.
Sachin Rajput
(account exe)
(593 Points)
Replied 15 March 2012
Thanks for reply ...but i have a doubt that any boundation on any single payment as like in case of contractor.
Sonam Bidasaria
(CA)
(770 Points)
Replied 15 March 2012
No, there is no such thershold limit for single payment.
for your reply.
CAclubindia
