If we purchase Text Books or Note Books worth >25Lakhs from one person TDS is applicable or not ? if applicable under which section?
*condition: we don't have GST Registration even composition Scheme.
Menu
TDS on purchase Text or Note books
Replies (3)
Quick Summary
Here u have purchased the books which will be treated as material ...so as per act tds is not applicable...(194c)..
it is only applicable if you purchased it on contract basis ...though it is in nature of material so No TDS is applicable....
it is only applicable if you purchased it on contract basis ...though it is in nature of material so No TDS is applicable....
No need to deduct TDS on purchases
Not required
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
