Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2013
Dear All,
My issued is regarding TDS Deduction Under Section 194 C
We are partner ship firm purchase paint from another company who is PVT LTD after purchasing paint from him we fill in our Paint Can Supply to them
It means He is our customer as well as our supplier also but he deduct 2 % TDS in our payment agst Can Supply to them is it correct
Let me confirm
Regards
Karun Khurana
My issued is regarding TDS Deduction Under Section 194 C
We are partner ship firm purchase paint from another company who is PVT LTD after purchasing paint from him we fill in our Paint Can Supply to them
It means He is our customer as well as our supplier also but he deduct 2 % TDS in our payment agst Can Supply to them is it correct
Let me confirm
Regards
Karun Khurana
17 August 2013
You must be having some sort of contract which means all cans are supplied to you on regular basis and at fixed rate. This forms contract supply and it is correctly deducting 2% TDS from all your supplied.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- Consolidated financials
- Putting a heading on received mail
- TDS on TRUST
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Section 50-fixed asset-->building ceases to exist
- Regarding Applicability of Tax Audit u/s 44AB
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
