Aswath (Article Trainee) (115 Points)
24 April 2012Dear Experts..I want to know whether TDS is deductable if we are making payments in the name of rent, to a firm in the SEZ.. The payment do exceed the limit and I could not find any clauses in 194(i) regarding the same. Thanks in advance for your replys
Mihir Doshi
(B.Com, CA, CS, LLB)
(2187 Points)
Replied 24 April 2012
TDS provision will apply in your case.
No where it is written in section that SEZ unit will be exempted......
CA PRAVEEN SINGH
(MANAGER ACCOUNTS)
(2277 Points)
Replied 25 April 2012
Yes .TDS will be deducted...
there is no specific mentioned for SEZ in act.
CAclubindia
