Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2016 I am ABC Pvt. Ltd.
I am Contract for Advertisement Mohan Lal Enterprises.1500 Bag with Company Tread Mark

Mohan Lal Send Bill

400000/-
Vat.@5% 20000/-

Total 420000/-

I am laible TDS pay which Value.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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16 April 2016 tds to be deducted on Rs.400000/- Excluding Tax amount. But you have not mentioned what kind of advertisement you are providing ?

Querist : Anonymous

Querist : Anonymous (Querist)

16 April 2016 1500 pices School Bag with Company TM.

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CA Darshan

CA Darshan (Expert)
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18 April 2016 In case of Purchase of Goods/Material TDS is not applicable since you have purchased a Bagpack from a Vender and he has charged VAT in the invoice then there is no question of TDS.

No need to deduct TDS.