Tds deduction on purchase

This query is : Resolved

KUSH WADHWA (Querist)
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30 May 2015 WE MADE A PURCHASE OF ADVERTISEMENT & PUBLICITY GOODS FOR OUR COMPANY OF RS. 200000
SO SHOULD WE DEDUCT TDS ON THIS BILL??

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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30 May 2015 there is no tds deduction o purchase and sale transactions.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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30 May 2015 no tds on purchase and sale transactions

suresh

suresh (Expert)
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30 May 2015 On purchase of goods there is no TDS.

SUDHIR KUMAR JAIN

SUDHIR KUMAR JAIN (Expert)
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31 May 2015 If appears that the company is not dealing in advertising material. Material has been purchased for use as advertising material. If the name of the company is printed on the material purchased, then it becomes contract and TDS should be deducted. The simple test is whether the material can be used by the company only or any person. If the name of the company is printed, then only company can use it and TDS should be deducted on the payment.