Is TDS should be deducted on Water Purchase from Water Supplier ( Private Party) ? Why ? @ waht rate & Under Which Section ?
12 Replies
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 20 January 2010
TDS not applicable on water.
Shriti Daga
(Chartered Accountant)
(102 Points)
Replied 20 January 2010
No TDS is deducted on purchase of water as there is no contract or agreement involved.
CA Pawan Sharma
(CA.)
(65 Points)
Replied 20 January 2010
Hi
First check the agrement, if thre is an contract then, deduct TDS as per section 194C
Rekha
(MANAGER - FINANCE & ACCOUNTS)
(1445 Points)
Replied 20 January 2010
Purchase of water does not involve any service.. no tds need to be deducted for purchases.
CA Navratan kumawat
(Chartered Accountants)
(25 Points)
Replied 20 January 2010
TDS not applicable on water supply.
AMIT KUMAR
(Student)
(59 Points)
Replied 20 January 2010
TDS Deduct on the part of service which he done for u and not deduct on the part of water purchaseing amount
dharmendra yadav
(student)
(31 Points)
Replied 22 January 2010
education cess is applicable otherwise not on tds, plz tell me about this
Divya K S
(CA)
(289 Points)
Replied 23 January 2010
No surcharge & cess is applicable with effect from 01.10.2009
Radhika
(Senior Financial Accountant)
(35 Points)
Replied 02 February 2010
Is TDS applicable for registration fees paid for any training programme? if so under wat section?
llllVICTORllll
(Internal Auditor)
(511 Points)
Replied 02 February 2010
If It is "Registration Fee Then TDS neednot be deducted (my opinion).. But If it involves any special Training by a professional particularly for you then TDS should be deducted Under sec 194J
Divya K S
(CA)
(289 Points)
Replied 03 February 2010
Hi Radhika,
If the registration fee includes any amount paid to a professional then TDS need to be deducted only on such amount to the professional. If it does not include, then the registration fee need not be tax deducted.
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