TDS on Hospital payments by company
bhuvnesh gupta
Kindly confirm us TDS on payment made by company to hospital require or not. thanks Bhuvnesh Gupta
TDS on hospital payments must be deducted by companies when making payments to hospitals under applicable rulings. A company making payments to a hospital is subject to a TDS withholding obligation; pursuant to High Court rulings, the paying company must deduct and remit tax at source on payments made to hospitals. (AI Summary)
TaxTMI