TDS on Sweets

This query is : Resolved 

01 July 2008 Fact: Company gives a contract for Sweets for AGM to a Sweet Shop for Rs. 6 Lacs.
Query: Should company is liable to deduct TDS on Rs. 6 Lacs, if yes, then what would be rate of TDS.
Thanks & Regards.

01 July 2008 No, Tds not required to be deducted.

01 July 2008 If it is a contract for purchase of sweets, No.




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