Tds at the time of payment of purchasing goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2016
Dear Sir/ Madam,
My query is that. Can a purchaser deduct TDS at the time of Payment of buying Goods is more than Rs. 50000/- . and if yes then what rate should be charged
My query is that. Can a purchaser deduct TDS at the time of Payment of buying Goods is more than Rs. 50000/- . and if yes then what rate should be charged
Rupesh Jain
(Expert)
30 June 2016
no there is TCS for cash purchases Exceeds single bill Rs. 200000/- .
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