Tds deduction for purchase of books

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ASST MANAGER ACCOUNTS
40 Points Posted on 08 May 2017
Sir, we have purchase books of worth Rs 518000/- for NEET coaching centre , my question is whether we have deducted TDS for the said amount . If so what is the percentage . please guide me
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On 08 May 2017 at 17:08 Report
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Sr. Finance Executive
261 Points Posted on 08 May 2017
No there is no any requirement in Income Tax Act to deduct TDS on purchase of books
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On 08 May 2017 at 17:16
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Chartered Accountant
86505 Points Posted on 08 May 2017
There is no requirement for deduction of tax on such transaction.
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On 08 May 2017 at 17:51
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ASST MANAGER ACCOUNTS
40 Points Posted on 08 May 2017

Thanks for your swift reply mam

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On 08 May 2017 at 17:59
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ASST MANAGER ACCOUNTS
40 Points Posted on 08 May 2017

Thank you so much sir

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On 08 May 2017 at 18:00
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Others
22 Points Posted on 29 June 2019
Please let us know that if we purchased online e-books in any institute then should we deduct TDS from the payment ?
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On 29 June 2019 at 11:36

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