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Tds deduction on purchase

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 January 2015 I just want to know that if we made purchase of goods as per contract with vendor and rates has been fixed by the vender in contract than should we deduct TDS while payment.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
12 January 2015 there is no tds deducitble on sale and purchase transaction
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Rupesh Jain

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Rupesh Jain (Expert)
12 January 2015 tds not applicable on the purchases.
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