Tds on purchase

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2013 Dear Sir/Madam,

Do we have to Deduct the TDS for PURCHASE of items from vendors if it crosses Rs 20000/- in a year ?

Either YES OR NO but please explain in detail why it is YES OR NO for my better understanding

16 January 2013 Not at all needed..........

Purchase is not covered by any section so no TDS ok.

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2013 Thank you very much




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