is there any possible way not to deduct TDS from bidi collector ( a person who gave raw material to the labour and collect bidi from them and then take it to the factory) , if TDS is deduct then on which amount (making charges or on handling charges or on both) and how much
2 Replies
CA. Atindra A. Prabhu Bhatikar
(practising CA)
(68 Points)
Replied 11 June 2008
From the factory point of view, I feel, it is advisable that the bidi collector gives two separate bills - one for the cost of raw material and the other for making or handling charges. The factory shall deduct the TDS on the latter part only.
bipin
(ceo)
(22 Points)
Replied 25 April 2009
i wan to to the full legal procedure regarding opening of own bidi factory??
wht kinda registration i ve to take 4m gov of india..???
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