A company purchases some gold coins from jweller. Jweller charged making charges Rs. 65000/- in a single bill. In this regards, can Co. has to deduct TDS on making charges?
A company purchases some gold coins from jweller. Jweller charged making charges Rs. 65000/- in a single bill. In this regards, can Co. has to deduct TDS on making charges?
It is the job work charges , 194C will be applicable .
deduct TDS @ 1% / 2% on CHARGES.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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