TDS Sample Clauses

TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this agreement and the amount thereof shall be treated as outstanding.
AutoNDA by SimpleDocs
TDS. The clients shall deduct Income Tax at source as decided by the Govt. of India at the time of making the payments and issue the corresponding certificates to the contractor for the payments made to him from time to time.
TDS any sales and other taxes levied in Kenya which will be payable on the Goods if the Contract is awarded to the Tenderer; and
TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law and the Allottee(s) shall provide proper evidence thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee(s) to the concerned authority or proper evidence thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee under this The Total consideration of Apartment, Total Taxes and the Total Extras and Deposits as mentioned in Clause 1.2.1, 1.2.2 and 1.2.3is escalation-free, save andexcept increases which the Allottee hereby agrees to pay due to increase on account of development charges payable to the competent authority and/or any other increase in charges which may be levied or imposed by the competent authority from time to time. The Promoter undertakes and agrees that while raising a demand on the Allottee for increase in development charges, cost/charges imposed by the competent authorities, the Promoter shall enclose the said notification/order/rule/ regulation to that effect along with the demand letter being issued to the Allottee, which shall only be applicable on subsequent payments. Provided that if there is any new imposition or increase of any development charges after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration, if any, granted to the said Project by the Authority as per the Act, thesame shall not be charged from the Allottee. The Allottee(s) shall make the payment as per the payment plan set out in Schedule [C] ("Payment Plan"). It is agreed that the Promoter shall not make any additions and alterations in the sanctioned plans, layout plans and specifications and the nature of fixtures, fittings and amenities described herein at Schedule [D] (which shallbe in conformity with the advertisement, prospectus etc. on the basis of which sale is effected) in respect of the Apartment, or Building, as the case may be, without the previous written consent of the Allottee as per the provisions of the Act: Provided that the Promoter may make such minor additions or alterations as may be required by the Allottee, or such changes or alterations as per the provisions ofth...
TDS. The Tax Deductible at Source under the Income Tax Laws shall, if applicable be deducted by the Allottee on the consideration payable to the Promoter and the same shall be deposited by the Allottee to the concerned authority within the time period stipulated under law. The Promoter or the Owners shall not be liable in any manner whatsoever in case of default on the part of the Allottee in depositing such TDS.
TDS. If applicable, the tax deductable at source (TDS) under the Income Tax laws shall be deducted by the Allottee(s) on the consideration payable to the Promoter and the same shall be deposited by the Allottee(s) to the concerned authority within the time period stipulated under law and the Allottee(s) shall provide proper certificate thereof to the Promoter within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Allottee(s) to the concerned authority or proper certificate thereof is not provided to the Promoter, then the same shall be treated as default on the part of the Allottee(s) under this agreement and the amount thereof shall be treated as outstanding.
TDS. Tax Deducted at Source (TDS) as applicable will be deducted.
AutoNDA by SimpleDocs
TDS. The Society shall deduct income tax and other taxes at source (TDS) as per Income Tax Act & Government of Assam Rules which shall be deposited from the remuneration of the party.
TDS. If applicable, the tax deduction at source (TDS) under the Income Tax laws shall be deducted by the Purchaser(s) on the consideration payable to the Developer and the same shall be deposited by the Purchaser to the concerned authority within the time period stipulated under law and the Purchaser(s) shall provide proper evidence thereof to the Developer within 60 (sixty) days of such deduction. If such deposit of TDS is not made by the Purchaser(s) to the concerned authority or proper evidence thereof is not provided to the Developer, then the same shall be treated as default on the part of the Purchaser under this agreement and the amount thereof shall be treated as outstanding.
TDS. TDS as applicable will be deducted. The Seller should cater for this as part of Basic Rate quoted in the Bid. The Service Provider shall agree to pay Income Tax at source, at the prevailing rates as notified / revised from time to time by the Government of India, from bills at source as per CBPT Circular Number 681 dated 08 Mar 1998, where the payment is more than Rs 10,000/- (Rupees ten thousand only), or as decided later on (Auth - Army HQ letter No 75257/Q/ST11 dated 14 May 1997).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!