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Tds on purchase - real estate company

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 July 2018 There are many purchases of materials like paint, cement, sand, steel, etc. Whether TDS is applicable on such purchase. These are accounted as Inventories & shown as closing stock.
The query is since GST is charged on these purchase TDS is not deducted.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
19 July 2018 TDS not applicable on those purchases.
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