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kashyap
student PCC
[ Scorecard : 333]
Posted On 20 January 2010 at 15:16 Report Abuse

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Is TDS should be deducted on Water Purchase from Water Supplier ( Private Party) ? Why ? @ waht rate & Under Which Section ?


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Ram Avtar Singh
Sultanpur,U.P. Delhi
[ Scorecard : 7589]
Posted On 20 January 2010 at 15:22

TDS not applicable on water.



Shriti Daga
Chartered Accountant
[ Scorecard : 102]
Posted On 20 January 2010 at 15:40

No TDS is deducted on purchase of water as there is no contract or agreement involved.



Pawan K. Sharma
study
[ Scorecard : 39]
Posted On 20 January 2010 at 16:18

Hi

First check the agrement, if thre is an contract then, deduct TDS as per section 194C 



Rekha
CA FINAL(NEW COURSE)
[ Scorecard : 516]
Posted On 20 January 2010 at 17:29

Purchase of water does not involve any service.. no tds need to be deducted for purchases.



Navratan kumawat
Tax consultants
[ Scorecard : 25]
Posted On 20 January 2010 at 17:39

TDS not applicable on water supply.



AMIT KUMAR
Accountant
[ Scorecard : 36]
Posted On 20 January 2010 at 18:05

TDS Deduct on the part of service which he done for u and not deduct on the part of water purchaseing amount



dharmendra yadav
student
[ Scorecard : 31]
Posted On 22 January 2010 at 12:44

education cess is applicable otherwise not on tds, plz tell me about this



Member (Account Deleted)
[ Scorecard : 256]
Posted On 22 January 2010 at 13:05

If the contract is for supply of water Tds is not applicable....



Divya
Articled Assistant
[ Scorecard : 126]
Posted On 23 January 2010 at 16:03

 No surcharge & cess is applicable with effect from 01.10.2009





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