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Tds on purchase

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2013 Dear Sir/Madam,

Do we have to Deduct the TDS for PURCHASE of items from vendors if it crosses Rs 20000/- in a year ?

Either YES OR NO but please explain in detail why it is YES OR NO for my better understanding
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CA Mehta Ankur N.

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CA Mehta Ankur N. (Expert)
16 January 2013 Not at all needed..........

Purchase is not covered by any section so no TDS ok.
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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2013 Thank you very much
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