Tds

This query is : Resolved 

31 May 2013 Should TDS be deducted when contract purchase is made.

31 May 2013 No TDS deduction required on payments made for Purchase as per contract.

31 May 2013 Wat if no contract exist but still purchase is made on regular basis

31 May 2013 Even then TDS deduction is not required. TDS is not applicable on purchase transactions.


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