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 https://www.incometaxindiapr.gov.in/incometaxindiacr/ppt_html20081017/TDSTutorial/TDStrial10.html

07 May 2014 refer sec 206C TCS shall apply..........................


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