06 August 2020
A Pvt Ltd Co. purchases ammonia from GNFC . Co. needs to book trade quantity through E auction and pay Transaction charges of allocation during participation in GNFC eauctions @ 0.15% of Total traded value. Does TDS applicable on Transaction charges of allocation during participation in GNFC eauctions.
09 August 2020
It depends on what kind of MOU, Agreements is involved into by the party. It seems to be some form of contract. So TDS can be applicable...
CAclubindia
