TDS deduction
Jeetu Manglani (177 Points)
27 May 2019Should we deduct TDS or not during payment of this bill ?
Jeetu Manglani (177 Points)
27 May 2019
Deepak Gupta
(CA Student)
(15922 Points)
Replied 27 May 2019
TDS should be deducted u/s 194C
Explanation (iv)(e) to 194C(7), says that work shall include, manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from such customer, but does not include manufacturing or supplying a product according to the requirement or specification of a customer by using material purchased from a person, other than such customer.
Manish
(Student)
(190 Points)
Replied 28 May 2019
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)