Can we deduct TDS .?

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PARDEEP SINGH (Querist)
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10 January 2009 Can we deduct TDS, if we make payment to HP Petrol Pump on Monthly Basis.

Please reply me soon its urgent.

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)
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10 January 2009 Pl specify the nature of payment.

C A GROUP COACHING

C A GROUP COACHING (Expert)
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10 January 2009 IF PAYMENTS ARE FOR PURCHASE OF MATERIAL, i.e DIESEL, PETROL ETC IT TANTAMOUNTS TO PURCHASE OF MATERIAL NO TDS

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CA.ViVeK M ACA

CA.ViVeK M ACA (Expert)
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11 January 2009 But If there is any contracts enterd in to with the pump owners even for supply of material you have to deduct the TDS @ 2.06%.So first clarify whether there is any agrrement with the pump owners for supply of materials... if there is no agreement no TDS....