Does TDS applicable on Advance Payment to Raw Material vendor for purchasing Goods?
Many Thanks,
Regards,
Jani.
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Tds on advance payment for purchasing raw materials
Replies (2)
Purchase of goods do not attract any section of TDS. Hence tax need not be deducted on advance paid to vendor for purchase of goods
No need...
TDS not applicable for Purchase of Goods...
TDS not applicable for Purchase of Goods...
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