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Tds deduction

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(Querist)
06 July 2013 Dear Sir,

We have opened one one small PVT COMPANY who's annual turnover is less than Rs. 60,00,000/-.
In this regard is it necessary to deduct TDS against payment to contractors, professional fees, rent etc.

Regards,
Shrishail
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
06 July 2013 PVT limited companies need to comply the TDS provision irrespective of the turnover

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