Tds

This query is : Resolved 

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

06 August 2012 No TDS not applicable in the given case.

06 August 2012 Agreed with the reply


06 August 2012 Thank you Mr. Sanjay, could you plz explain.

06 August 2012 It is a simple supply/sale transaction and does not attract any section of TDS.

06 August 2012 OK, Tahnks Mr. Sanjay.



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