Poonawalla fincorp
Poonawalla fincorp

Tds

This query is : Resolved 
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(Querist)
06 August 2012 Hello!
We have supplier of Coffee beans, Tea bags, Milk, Suger etc. He charges bill on monthly basis with VAT. Is it required to deduct TDS on the same as contractor?

Thanks
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
06 August 2012 No TDS not applicable in the given case.
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SANYAM ARORA

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SANYAM ARORA (Expert)
06 August 2012 Agreed with the reply
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Amey Shembekar

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Amey Shembekar (Querist)
06 August 2012 Thank you Mr. Sanjay, could you plz explain.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
06 August 2012 It is a simple supply/sale transaction and does not attract any section of TDS.
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Amey Shembekar

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Amey Shembekar (Querist)
06 August 2012 OK, Tahnks Mr. Sanjay.

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