TDS on Contract
This query is : Resolved
16 May 2008
A company regularily purchase stationery items like CDs, toner cartridge etc. from a single shop. Whether the company is liable to deduct TDS on the above???
16 May 2008
you are purchasing goods from dealers & not given any contract it is your purchases so tds is not to be deducted
16 May 2008
WHERE IT IS A PURCHASE OF GOODS /MERCHANDISE, VAT IS ATTRACTED . BUT THERE IS NO TDS APPLICABILITY.
CONTRACTS WHICH ARE IN THE NATURE OF A SERVICE FALLING UNDER THE PURVIEW OF SEC 192 TO 196 OF INCOME TAX ACT ATTRACT TDS.
R.V.RAO
CONTRACTS WHICH ARE IN THE NATURE OF A SERVICE FALLING UNDER THE PURVIEW OF SEC 192 TO 196 OF INCOME TAX ACT ATTRACT TDS.
R.V.RAO
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS on Consultancy- Non DTAA
- Reopen of assessment proceeding
- Depreciation of fixed assets- coop housing society in mumbai
- Management System (IMS)
- FTS Taxable under 115A
- Experts need help
- EPF FULL & FINAL RULES IN 2026
- Rental income gst and it purpose
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- Gift Received from nonblood relative
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
