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TDS on contractors

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(Querist)
19 August 2008 Whether TDS on Contractors should be deducted while making payments for stationery purchases, although there is no formal contract between the company and the vendor, if one single payment to such vendor exceeds Rs. 20,000?
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
19 August 2008 TDS is not applicable to purchase or sale transactions.
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CA MOHIT VAATS

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CA MOHIT VAATS (Expert)
19 August 2008 No TDS....



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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
20 August 2008 Please see if it is not a printing contract

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