Agricultural land taken on lease for grvel .Is it TDS will be deducted on the advance payment
vat on bot projects
gumpalli krishna
TDS on advance payment for leased agricultural land questioned; further factual details required before advising on obligation. Whether TDS is required on an advance payment for agricultural land leased for gravel extraction is queried; the recorded reply states that additional factual details (lease terms, nature of payments, parties' statuses and applicable tax/VAT treatment) are necessary before advising on TDS obligations. (AI Summary)
TaxTMI