Tds aplicablity to company as a whole or not

This query is : Resolved

CA Aditya (Querist)
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09 July 2012 Dear Experts,

In Bangalore we are having 7 locations..
Now one Vendor has given invoice for 25000*7=1,75, 00 for one location....

Now TDS would come or not.
Accountnat not deducting TDS us 194 C because invoice amount not exceeding 30,000.

& all seven locations were working independeantly like having different bank accounts......like other set up..

What are the legal requirments in this regard....

Regards
Aditya

Guest

Guest (Expert)

09 July 2012 In case the name of party i.e to whom payment is made is same at all 7 locations then tax will be deductible, i.e. to say M/s ABC at all 7 locations then tax will be deductible. Also check for the PAN of payee.