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Change of PATTERN OF ASSESSMENT FROM MAY 2019 EXAMINATION

ICAI has already notified that from May 2019 examinations, pattern of assessment is going to be changed, as of till now, whole pattern was...

Saturday, 12 January 2019

Exemption from TDS -Supplies made by Government Departments and PSUs to other Government Departments and vice-versa.

Exemption from TDS -Supplies made by Government Departments and PSUs to other Government Departments and vice-versa.

Central Government vide N. No. 73/2018 – CT dt. 31st Dec, 2018 notified exemption to supplies made by Government Departments and PSUs to other Government Departments and vice-versa from TDS and thus insert the following proviso after the second proviso, namely:-


Provided also that nothing in this notification shall apply to the supply of goods or services or both which takes place between one person to another person specified under clauses (a), (b), (c) and (d) of sub-section (1) of section 51 of the said Act.”.

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