To deduct tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
28 March 2014 Respected sirs,

My company had a loan of mahindra finance company on stock (Inventory),
Mahindra Finance send be invoice for stock audit and form 8 charges with service tax for Rs 15000/-

I want to pay it, Whether we have to deduct TDS from it or no?

Thanks

Rakesh Patel

28 March 2014 Inquire Mahindra Finance as to which head they are collecting this fees. If it is under Professional services, limit is 30000 so no deduction.


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