TDS(imp case)
This query is : Resolved
CA Aditya Goel
(Querist)
13 January 2010
sir,
i want to ask that:
a company purchases CD's from Moserbaer and give some day to moserbaer and ask them to give those CD's after writing that data on them.
and moserbaer is charging excise duty on it which is correct.
NOw,
My question is. will the company dedcut TDS on payment to moserbaer for CD,s? and if yes the whether under 194c or 194 J?
plz explain . according to me TDS should not be deducted as moserbaer charging EXcise and Vat on it.
i want to ask that:
a company purchases CD's from Moserbaer and give some day to moserbaer and ask them to give those CD's after writing that data on them.
and moserbaer is charging excise duty on it which is correct.
NOw,
My question is. will the company dedcut TDS on payment to moserbaer for CD,s? and if yes the whether under 194c or 194 J?
plz explain . according to me TDS should not be deducted as moserbaer charging EXcise and Vat on it.
CMA Ramesh Krishnan
(Expert)
13 January 2010
My View , it i not involved any professional works and also it nature of contract so it is coming under 194C
CA Sanjeev Kr Jain
(Expert)
15 January 2010
if vat is charged than no tds
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
