TDS deduct on currency purchase from dealer

TDS / TCS 241 views 4 replies

Hi,

I am working with a buying house (service provider ). I have a query when we purchase other country currency for travelling purpose . Do we need to deduct TDS on those invoice ?  What do we need to treat this as a service or as a purchasing ?    

Replies (4)
TDs need not be deducted...it is service
No TDS applicability on currency purchase from dealer

if it is services then why we do not deduct TDS on that ? while services need to deduct TDS 

On all services we don't deduct tds.🙈it's like saying to Mc Donals you are giving service I will deduct tds.😝


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