TDS on contractors


This query is : Resolved 

(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?

19 August 2008 TDS is not applicable to purchase or sale transactions.

19 August 2008 No TDS....

20 August 2008 Please see if it is not a printing contract


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