TDS on gratuity for employees trf

This query is : Resolved 

27 February 2010 If the employees of one group company are transferred to another group company & their Gratuity balance is also trf to the other group company. Does making payment to the company anyway liable to TDS

Also, what will be the treatment in the books of both the companies.

Thanks

27 February 2010 the above transfer is not covered by TDS provisions. i.e it is not liable to TDS provisions.

02 March 2010 agree it is not covered by TDS provisions




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries