Gold coin given to supplier
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 June 2013
Sir,
My company purchased gold coin in Diwali and given as a gift to manager of supplier company.
If we adjust this in business promotion expenses then, there is requirement of deduction of T.D.S. Kindly, help me in which accounting head we can adjust this item.
My company purchased gold coin in Diwali and given as a gift to manager of supplier company.
If we adjust this in business promotion expenses then, there is requirement of deduction of T.D.S. Kindly, help me in which accounting head we can adjust this item.
Rupesh Jain
(Expert)
13 June 2013
you are purchasing gold why are you deduct tds on that .
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