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Discussion < Income Tax < TDS
Post Topic
students zone,CA Students
Imran Mansuri


[ Scorecard :90 ]

A charitable Trust, running a school, had paid Rs. 75000 for xerox expenses in march 2013 for entire year.

single bill of Rs. 75000 includes xerox expenses, Binding Expenses, Colur Xerox Expenses for whole year....

Now whether they has to deduct TDS on the same ??????

 








Vikky Kumar Jha


[ Scorecard :3202 ]

no


rajeev


[ Scorecard :54 ]

yes tds has to be deducted since single bill exceeds Rs 30000,therefore if individual or huf @1% and if firm or company @2% to be deducted

 


Prachi Gupta


[ Scorecard :54 ]

tds is required to be deducted bcz for a single bill, the limit is Rs. 30,000...n if der r 2 or more den limit is Rs. 75,000


arjun


[ Scorecard :114 ]

YES @ 2%


ayushbhatia


[ Scorecard :83 ]

tds deducted but 1pct

 

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