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Tds on purchase of medicines

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 October 2015 Dear Sir,
We are Hospital and we purchase medicines from local market as well as from some nearby big stores on monthly basis. We pay them on monthly basis. Our monthly purchase of medical consumables is more than 1 lakh per month. Should we deduct TDS ? if Yes then under which Section or purchases are not eligible for TDS. Please clarify. Thanks in advance.
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
19 October 2015 You need not to deduct any tds... TDS not applicable on purchase
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
19 October 2015 Rightly pointed out Purchase of Medicine does not come within purview of TDS.
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