About tds

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atul mane (Querist)
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23 May 2012 Respected Sir / Madam,

one question i have about tds. our institute purchased dress material for our peon's from one company before purchasing we made a purchase order for that after collecting material & bill from him we made a payment after deducting a tds on gross amount , but now he said that tds is not applicatble to him because he is selling a material and he refuse to collect the cheque, when i asked to our c.a
he said we gave him a purchase order it means we made a contract with him so as per the contractor's rule it is necessary to deduct the tds so why we did .

so my question is which is the right decision should i draw a new cheque without deducting tds or tell to vendor to collect old cheque

what is the remedy please help me out.

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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24 May 2012 Since you have made a purchase, TDS is not applicable.

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