Tds applicability on payment of share revenue

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..... Tds applicability on payment of share revenue
Query (Issue) Started By: - IDPLUIL GROUP Dated:- 1-12-2009 Last Reply Date:- 8-12-2009 Income Tax
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Income Tax
whether it is liabl .....

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..... e to deduct TDS on payment of share of revenue to National Highway Authority of India as per the agreement entered. The National Highways Authority of India was constituted by an act of Parliament, th .....

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..... e National Highways Authority of India Act,1988. It is responsible for the development, maintenance and management of National Highways entrusted to it and for matters connected or incidental thereto. .....

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..... The Authority was operationalised in Feb, 1995 Reply By Rama Krishana: The Reply: What is the nature of payment of share of revenue to NHAI. Under what agreement it is being paid. If it is part of s .....

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..... haring of revenue of a joint venture, no TDS is liable.
Discussion Forum - Knowledge Sharing .....

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