Is co-operative housing society is liable to deduct the TDS for payment of expenses?
Tushar Kalid (Audit Assistant) (43 Points)
12 May 2011Is co-operative housing society is liable to deduct the TDS for payment of expenses?
Amol Gopal Kabra (CA,CS,DISA)
(Practicing CA)
(8539 Points)
Replied 12 May 2011
Yes. It has to deduct tax, if the payments exceed the threshold limits.
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