Even Autonomous bodies of States are subject to TDS!


Advanced TopicIs Panchayat Udyog exempt from Income Tax, if yes on what grounds, If there is any section/direction/ notification, kindly give detail, TDS has been deducted wrongly by some dept. on furniture supplied by Panchayat Udyog which I think is exempt on mutual benefit concept. Total Turnover of P/U for the f/y 2005-2006 is 56.00…

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