- A trust/institution registered under section 12AA of the Income Tax Act 1961 w.e.f 01/04/2009 is liable for TDS, if their running bill is Rs. 95,000/- for their services.
- If the above trust/institution is liable for tax deduction then what would be the percentage.
03 August 2010
Thank you Mr. Sanjay/Mr. Sanat Ji for replying to my query.
One more doubt sir
The same trust charge guest house charges bill of Rs. 12,500/- for using their guest house by our company employee. Are they also liable for TDS for guest house charges. If yes, then what's the percentage......
I know u guyz are so buzy. I'm sorry for disturbing u again and again.
CAclubindia
