Poonawalla fincorps
Poonawalla fincorps

Tds deduction

This query is : Resolved 

01 March 2014 Dear All,

Is there any provision for Non Deduction of TDS when both the deductor & deductee are government companies?

For Example: Company 'A' (a govt undertaking) providing service to another Company 'B' (a govt Undertaking) now when company 'B' wants to make payment to company 'A' for it's service, My Query Arrived.

Pls Guide me,,,

Regards,
Jordan

03 March 2014 There is NO exemption for Government companies. TDS is required to be deducted.

03 March 2014 Thanks Siddhartha Sir for guiding me.





03 March 2014 You are welcome. You should use the thanks button to convey your thanks.



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