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is tds applicable to party, if invoice contains both mat.

This query is : Resolved 

06 October 2009 dear,

is tds applicable on freight, if invoice contains both material value & freight charges on same invoice.
for ex.
Invoice-1

material chgs Rs.1000000
Freight Rs. 50000
-----------------------------
Total:- Rs.1050000
-----------------------------
Is TDS applicable on Rs. 50000/-(freight)


regards,

Santi S. Mallik
Cell-9099055119

06 October 2009 The nature of the transaction is of purchase and sale, and being so, out side the TDS net.

Measure of the transaction can not determine the nature of the transaction.



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