can we deduct TDS on bills raised by the MSME registered vendor? Nature of Expenses is printing where labour is involved.
Thanks and Regards Vishnu
Replies (2)
Quick Summary
This discussion addresses whether Tax Deducted at Source (TDS) can be deducted on bills from vendors registered under the MSME Act. The consensus is that TDS can indeed be deducted, even if the vendor is MSME registered, particularly for services like printing that involve labour. The actual bill value is relevant for determining the TDS applicability.