Tds on payment to trust notified u/s 10(23c)(iv)
Sujit Talukder (service) (719 Points)
14 September 2011Sujit Talukder (service) (719 Points)
14 September 2011
C.A SHASHANK GOYAL
(Chartered Accountant)
(362 Points)
Replied 14 September 2011
Hi, I am of the opinion that YES TDS is to be deducted , reason being In every tds section tds is required to be deducted when payment is to be made to person as defined under the provision of section 2(31) as trust is aop/boi , tds is to be deducted .