I am buying Paddy from agriculturist & convert the paddy in to rice & Sells the rice. I am not having Rice Mill for convertion of Paddy in to Rice. I am giving hulling charges to rice mill owbers for convertion of paddy in to rice.Whether convertion charges(hulling Charges) paid to rice mill owners attracts TDS liability
20 June 2009
An Individual is required to deduct Tax from the next financial year when Turnover of the current financial year exceeds Rs 40.00 lacs. Please check your Sales Turnover.
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