Tds
This query is : Resolved
14 December 2016
hello sir,
One of my client have sold Electronics goods to IIT Institution.....he made a payment to him while deducting tds .......can he deducted the TDS while maiking payment to my client......its come under which section
One of my client have sold Electronics goods to IIT Institution.....he made a payment to him while deducting tds .......can he deducted the TDS while maiking payment to my client......its come under which section
14 December 2016
For supply of goods TDS wont apply. incase its contract nature alongwith labour work the TDS will apply on labour portion if bills are raised separately
15 December 2016
Tds not apply on purchase, so no need to deduct TDS.
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