Tds on e-auction expenses


28 August 2011 Kindly let me know whether a trader should deduct TDS of a coal supplier(Coal India Undertaking)on the e-auction charges paid by him for the transaction.
Do reply!!

28 August 2011 he is purchasing the coal so its purchase , not expense, and TDS is deductbile on expense, not on purchase.

28 August 2011 But the e-auction exp is amount other than the amount of purchase paid by the purchaser and the exp. is recovered by the seller at the time of total payment.


29 August 2011 Please reply on the above query!!



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