TDS

TDS 853 views 7 replies

if a co orders 900 uniforms to Mr X for his workers & material is not provided by the co.then it will not be covered under work definition

 

please confirm . no tds shd be deducted on it. 

 

 

Replies (7)

simple way to deal with this kind of problem is to place a "purchase order" and book them as "purchases". Here you will be buying the goods from the tailor, hence not covered under WORK CONTRACT and will TDS will not be applicable.

To be on the safer side you can also deduct TDS on contract which is 1% or 2% as the case may be.

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TDS not applicable, We are purchaseing the Uniforms from Tailor.

Ask tailor to submit bill for complete unit (pairs of uniform) as per you raise PO on him (if he raises bill as material + labour then it is required to charge TDS on labour portion otherwise it is not required) or ask him to raise bill separately.  (service tax on labour or other levis may be checked)

Agree with Praveen.

agree with pravin

Hi,

Can someone on this forum kindly explain, or provide a Whitepaper depicting the whole concept of 'Witholding Tax' or TDS as is more commonly known, together with the practical points to be observed, including Registration, Collection and due dates of Payment/remittance of TDS, the rates pplicable, when and how to go about filing of TDS Returns, Interest, Penaties/Defaults etc? I think if we have such a process/document in place, it would help us all in discharging our responsibilities towards TDS. Thanks Gladwyn

Dear Assistant Manager,(Glad 2)

Here iam providing information about TDS statutory compliancess which is needful and useful for you.

I trust  you find  3/4  part of the answer in the attachment .

 Thanks for giving me an oppertunity to do so.

JHP


CCI Pro

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