My Qurerry is Weather TDS Provisions are applicable to patsanstha or not?? on deposits accepted from members. if yes then from when ??
Weather TDS Applicable to Patsanstha
Punit parmar
TDS applicability on member deposits: whether patsanstha must deduct tax at source and from when it applies. Whether tax deduction at source (TDS) provisions apply to a patsanstha on deposits accepted from its members, and if so, the effective date from which TDS obligations arise; focusing on whether payments or credits on member deposits attract TDS and when the patsanstha must begin deducting tax at source. (AI Summary)
TaxTMI