AGRICULTURAL income in HUF

This query is : Resolved 

17 January 2011 Hello Sir

In a particular case, HUF has advances in the liabilities side of balance sheet. huf having income from rent & Agricultural Income


whether the tds required on it
if tds is not done, what are the consequences

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Guest (Expert)
17 January 2011 In the circumstances T.D.S. is not required by H.U.F. as there is no business income of H.U.F.



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