Tds on sale purchase of goods.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 August 2013
dear sir,
please tell me why tds is not applicable on sale purchase of goods.
please gives answer logically not legally.
please tell me why tds is not applicable on sale purchase of goods.
please gives answer logically not legally.
16 August 2013
Since sale and purchase of goods all sales and purchases are either done over telephone and no specific rates are fixed and therefore it is not a contract in writing to be executed for a longer period and therefore every date the rate changes. In case of a contract the rate will not change till that contract is complete therefore, it is out of the preview of the TDS
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- F & O PROFIT REPORTING FOR AY 2026-27
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Rental income of jointly held property
- ITR-3 File/Error Found
- ITR-Capital Gain
- Traces submitting correction statement error
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Gst on travel by air for business purposes
- Loss of interest in PF transfer from EPFO to Trust
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- TDS offline utility
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
