Is TDS applicable if a contract has been entered for supply of Stationery?
Regards,
Maria
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Income Tax
Replies (1)
HI...
At first sight it seems to be a Norrmal sale & Purchase Agreement. The party will sell you the goods for which you are going to pay. Generally Sec 194 C is applies where there is some sort of service contracts.
This will not be covered by 194 C.
Regards
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