14 December 2017
Sir, Can you please advise me that we have to deduct any TDS if the scenario is " We are a Limited Company and we have purchased Sand, Concrete, Bricks etc. from a Contractor for some Repair work of Building approx. for Rs. 85,000/- (in 4-5 Bills), and we have made payments directly to the labourers, No Contractor was involved, "
15 December 2017
Thanks Sir and what about purchase of Sand, concrete, bricks etc. either TDS applicable on purchase of these material or not if exceeds to Rs 75,000 in a year from same vendor
16 December 2017
Purchase of sand, concrete, bricks etc. will not attract TDS because these are purchase of materials, but the contract raised the combined bill with material as civil works then tds will apply on entire bill value
CAclubindia
