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Tds applicablity

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12 November 2011 dear all,

1 co. is in receipt of power subsidy , subsidy on lease rentals from say govt and also certain reimbursement like stamp duty , patent filing fees, exhibition stall rental are given .. whether TDs need to be deducted for these paymentss u/ whcih section & rate applicable.

Thanks

12 November 2011 TDS not applicable to govt. if you are paying money to private sector the TDS applicable under sec 194C. contract.



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