Menu
Tds deduction for purchase of books
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
Replies (5)
No there is no any requirement in Income Tax Act to deduct TDS on purchase of books
There is no requirement for deduction of tax on such transaction.
Thanks for your swift reply mam
Thank you so much sir
Please let us know that if we purchased online e-books in any institute then should we deduct TDS from the payment ?
Recent Topic
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
- NRI Query: Capital Gains Tax Exemption under Secti
- Royalty payment to UK
- Calculate ITR2 tax with equity and non equity prof
- LTCG on residential property sale - Rebate?
- TDS MISMATCH AND AIS
- Return filing for intervening period upto date of
- EPF Withdrawal taxation
- While e filing otp not generating
Related Topics
CAclubindia
