24 January 2009
ACTUALLY WE HAVE SALED ELECTRONIC SENSORS TO THE PARTY WITH THE AMOUNT OF RS. 39000 /-(INCLUDING VAT) AND ON THE TIME OF PAYMENT THE PARTY HAS DEDUCTED TDS 13 /- SO CAN THEY DEDUCT TDS IF YES SO PLEASE TELL ME HOW AND ON WHICH RATE. AND WE BOTH DON'T HAVE ANY KIND OF WORK CONTRACT BETWEEN US.
PLEASE REPLY ME SOON I AM WAITING FOR YOUR VALUABLE REPLY.
24 January 2009
No TDs applicable on Sales of Goods but if you are charging maintenence charges & service tax then he can deduct TDs. Kindly clear the matter so i can give correct reply to you.
CAclubindia
