24 December 2014
Hi All It's a partnership Firm, dealer in plywoods, decorative items etc. I distributed chocolates & diaries to my suppliers & Architects worth Rs.7lcs during diwali & for New Year.when i bought diaries & chocolates vat was levied on the same, shall i deduct TDS??????? under which Section???????? expenses so incurred shld b debited as sales promotion/advertisement?????????
CAclubindia
