[aaykarbhavan] No TDS from distribution of rental income earned by a society among its members

No TDS from distribution of rental income earned by a society among its members

May 29, 2014[2014] 45 taxmann.com 177 (Gujarat)

IT : Where assessee co-operative society having collected jeep rentals on behalf of its members owning those jeeps, remitted said amount to members, it being a welfare activity and there was no element of work contract involved, assessee was not required to deduct tax at source while making remittance in question

 

Regards

Prarthana Jalan

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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>

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