Tds

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 September 2010 is tds is applicable on purchases.limit crossed is Rs 40000,tds will apply on the after knowing that it is contract or even if it is not a contract it will aply

16 September 2010 For simple purchase of articles, whether directly or within a contract, will not attract TDS.

16 September 2010 Purchases purely involving materials and VAT/ED are not subject to TDS in general. However if the same are part of a work contract, then TDS applicability is there subject to few exceptions as per S> 194C.


22 September 2010 Yes. Pure purchase transaction TDS will not apply



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries