is tds applicable to party, if invoice contains both mat.
This query is : Resolved
santi mallik
(Querist)
06 October 2009
dear,
is tds applicable on freight, if invoice contains both material value & freight charges on same invoice.
for ex.
Invoice-1
material chgs Rs.1000000
Freight Rs. 50000
-----------------------------
Total:- Rs.1050000
-----------------------------
Is TDS applicable on Rs. 50000/-(freight)
regards,
Santi S. Mallik
Cell-9099055119
is tds applicable on freight, if invoice contains both material value & freight charges on same invoice.
for ex.
Invoice-1
material chgs Rs.1000000
Freight Rs. 50000
-----------------------------
Total:- Rs.1050000
-----------------------------
Is TDS applicable on Rs. 50000/-(freight)
regards,
Santi S. Mallik
Cell-9099055119
Shyam Lal Naik
(Expert)
06 October 2009
The nature of the transaction is of purchase and sale, and being so, out side the TDS net.
Measure of the transaction can not determine the nature of the transaction.
Measure of the transaction can not determine the nature of the transaction.
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