I am a managing trustee in the delhi based trust working in delhi since last 32 years. In the trust we have a project called ICDS Poshan 2. My query which is related to TDS deduction on Following Expenses. 1.Food Materials purchased 2.Transportation Charges/Transport Monthly Charges (Not as Salary) 3. Carriage outward 4. Payment to Packing Material 5. Payment for Cylinder(Payment to Supplier) 6. Payment to Water Supplier 7.Payment to Food Testing Labs Do we need to deduct tds on above head and if yes, in which section should we deduct TDS ?
29 January 2025
Charitable Trust may be registered under 12A and 80G of the I T Act but unless specifically exempted for TDS, yearly based on application made, TDS provisions applicable to the trust even trust income is exempted. TDS provisions applicable to the trust when it makes payment to others.