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Tds deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 January 2013 A new company has been set up.Production still not started.The company does not have TAN registration number and there is a bill amounting to Rs. 85000/- for maintenance work of machineries, does the company liable to deduct TDS.

08 January 2013 Yes, You are lible to deduct TDS . apply for TAN and deposit after TAN alloted.



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