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Tds

This query is : Resolved 
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(Querist)
05 July 2012 if we purchase goods for sale or for trading whether TDS is applicable or not if application the what shoul be the rate & it will be charged on gross invoice (with tax) amount or net.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 July 2012 TDS will not apply of supply of goods & trading of Goods
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C.A Anshul Singhal

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C.A Anshul Singhal (Expert)
05 July 2012 yes agree with
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