Some services on contract basis

Dear Experts,

If a company avails the service as well as the purchase from the same supplier, what will be the TDS implications on this transactions.


Example:

A Pvt Limited is availing some services on contract basis from Z Pvt Ltd for the amount of Rs 150000.00.

Also this A Pvt Ltd is purchasing the some goods from the same supplier Z Pvt Ltd for the amount of Rs 27,00,000.00

The Query as follows:

1. Whether A Pvt Limited is having responsibility to deduct the TDS on Rs 1,50,000.00.
Replies (1)
Yes @ 2% on tds on contract

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
19 September 2026
CA/Semi-CA/BCom

Pravin Sarvaiya

Mumbai

CA Inter

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
17 September 2026
Chartered Accountant

Dass Gupta & Associates

Gurgaon

CA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 06 October 2026
Semi Qualified

AJAY SINGH AND CO LLP

Thane

CA Final

View Details