Tds very urgent

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is payment made to Director NIT kurkshetra liable to TDS? is it a govt institution(NIT)? pls reply if sure.

Replies (6)

yes tds is applicable

 

Yes tds applicable deduct tds u/s 192

i think tds is not applicable . i have just gone thru its background on the net and i found that it is t0tally funded by govt of india hence it is a govt institution  and payment to it is not liable to tds. pls correct me if i m wrong.

 

If its government institute than no need to deduct tds.

No tds............................................

Originally posted by : vijay singla

is payment made to Director NIT kurkshetra liable to TDS? is it a govt institution(NIT)? pls reply if sure.

what is the purpose of payment ? TDS is applicable on specified payments of expenditure, not on money payouts. 


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