Tds is deducted on purchase of furniture - whether proper?
This query is : Resolved
03 August 2013
My client has deducted TDS on the payment made for the purchase of Furniture & Fixtures (Fixed Asset in his balance Sheet). The total amount paid is of Rs. 3,95,201/-
Whether this is correct? and if yes under which section will this be covered?
Whether this is correct? and if yes under which section will this be covered?
03 August 2013
it is not correct ..
tds is not applicable in that case
it is not covered under any section
tds is not applicable in that case
it is not covered under any section
03 August 2013
it is correct tds only application we you repair the furniture then he deduct tds as contractor u/s 194c
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