Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 August 2012
In which section will TDS be deducted if an Indian trust receives a donation of Rs. 5crores from a foreign entity?
02 August 2012
TDS is not applicable.
02 August 2012
Dear Friend
TDS is applicable on expense. Not on receipt. So if indian trust get donation, no need of TDS.
TDS is applicable on expense. Not on receipt. So if indian trust get donation, no need of TDS.
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