Applicability of TDS for corporations

This query is : Resolved 

12 June 2010 Licence fee is paid by a private limited company to Metropoliton Transport corporation ltd. Is TDS applicable for such payment to corporation? If Yes under which section & Rate of Deduction?

12 June 2010 Licence Fee does not fall under the TDS matrix.

Whether the payment is made to a corporation or any other person does not make any difference.

12 June 2010 agree with expert




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