Tds u/s 194c

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2015 The assessee purchased articles and use gifted them to customers for business promotion. He debited the purchase cost to advertisement expenses. Does he need to deduct tax u/s 194C. Please provide relevant provision or case law

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 March 2015 no tds is applicable in this case..........

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CA AnKiT BoHrA (AB)

CA AnKiT BoHrA (AB) (Expert)
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23 March 2015 Tds is not applicable on purchase .. and since it is purchase in ur case.. no tds applicable

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Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2015 I need a case law or notification regarding this

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2015 I need a case law or notification regarding this

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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23 March 2015 there is no need for any case law when the law is clear that only when service is involved tds comes into play and not in case of sale and purchase of products.

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