Tds
This query is : Resolved
06 May 2014
weather tds is deducted on scrap and if deducted then at what section it has to be deducted
07 May 2014
no..tds is not applicable. TCS shall apply. please refer http://www.incometaxindiapr.gov.in/incometaxindiacr/ppt_html20081017/TDSTutorial/TDStrial10.html
07 May 2014
refer sec 206C TCS shall apply..........................
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