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Tds applicable for rm purchase

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(Querist)
22 January 2012 In case raw material is purchased from the buyer of the FG- whether TDS require to deduct? any change in 194C in regards to such type of transaction.

Thanks,
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CA Rushikesh Kolhe

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CA Rushikesh Kolhe (Expert)
22 January 2012 No need to deduct tax for such transaction

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