Tds on garland,

This query is : Resolved

Rajkumar Gutti (Querist)
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11 May 2018 We are a pvt.ltd. company. Entering in to contract between we & one vendor,
for supplying garland to various temples ,Mosques, church.The supply of garland Qty.
& cost fixed & mention in written contract. The exp. of garland we debited to charity & donation account & add back in our profit.

Can we are liable to deduct TDS from our garland bill

You are requested to guide us.

Thanking You,

Regardss

Rajkumar Gutti

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Guest (Expert)

11 May 2018 What is meant by "add back in our profit"? And who's supplying to temples, the company or the vendor?

If it's company then it is just a purchase and no TDS liability. Else, required to deduct tax.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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11 May 2018 This is not a contract for carrying out any work as defined vide Explaination(iv) to 194C. It is a contract for supply of goods, so no TDS is required to be deducted.

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