A Company in its Pre-operative stage has paid a rent amounting to Rs 3,84,000 (to a single party) but hasn't deducted T.D.S
Implications???
Is there any relaxation on the ground being Pre-opeartive...
CA Apoorva Gaurav (CA) (368 Points)
01 October 2012A Company in its Pre-operative stage has paid a rent amounting to Rs 3,84,000 (to a single party) but hasn't deducted T.D.S
Implications???
Is there any relaxation on the ground being Pre-opeartive...
Gunjan Tulsyan
(Article)
(222 Points)
Replied 01 October 2012
No according to me they will have to pay the TDS on behalf of the deductee and then deduct the same frm the next payment to the same deductee..!!!