Does TDS applicable on Advance Payment to Raw Material vendor for purchasing Goods?
Many Thanks,
Regards,
Jani.
2 Replies
Yashvanthram S
(6 Points)
Replied 31 May 2018
Purchase of goods do not attract any section of TDS. Hence tax need not be deducted on advance paid to vendor for purchase of goods
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 31 May 2018
No need...
TDS not applicable for Purchase of Goods...
TDS not applicable for Purchase of Goods...
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