banner_ad

TDS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
10 April 2009 An hospital purchases water from tankers owners on regular basis. Whether TDS is applicable in this case?
Profile Image

CA. B.SRINIVASULU

Profile Image

CA. B.SRINIVASULU (Expert)
11 April 2009 If you are purchasing on a contract basis from single person then you have to deduct tds at the rate for contracts - 2% if any of each bill is more than 20000 or cumulative for the year will exceed rs.50000.
Profile Image

CA.Tarun Maheshwari

Profile Image

CA.Tarun Maheshwari (Expert)
11 April 2009 I think this case can be covered in transaction of purchase. Regularity of transaction does not make it a service. If the tankar owner is not charging saperate service charges other then the water cost, then TDS liability should not arise. Views of other experts are required on this issue.
Profile Image

Shyam Lal Naik

Profile Image

Shyam Lal Naik (Expert)
11 April 2009 I am inclined to the view expressed by Mr. Maheshwari.

The transaction appears to be a purchase transaction, rather hiring of Water Tanker.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
19 May 2026
Accountant

ca kunjan

Mumbai

CA Inter

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
16 May 2026
Account & Audit Asst

RAHUL KHANDEBHARAD & ASSOCIATES

Nashik

B.Com

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details