Hospital is liable to tax audit having a turnover above 2 cr. It is making payment of Rs.25,000 per lab per day to various labrotories for tests. Whether there would be any TDS liability on hospital??
Ankit Agrawal
(Job)
(39 Points)
Replied 04 March 2013
This transsaction falls in nature of contract therefore hospital is liable to deduct TDS.
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