TDS on purchase Text or Note books

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Accountant
305 Points Posted on 08 April 2020
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.
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On 08 April 2020 at 15:24 Report
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Quick Summary
This discussion clarifies whether Tax Deducted at Source (TDS) applies when purchasing text books or note books exceeding £25 Lakhs from a single supplier. The consensus is that TDS is generally not applicable in this scenario, as the purchase of books is considered a material purchase rather than a contract for services under Section 194C. This holds true even if you do not have GST registration or are under the composition scheme.

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254 Points Posted on 08 April 2020
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....
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On 08 April 2020 at 22:51
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186 Points Posted on 09 April 2020
No need to deduct TDS on purchases
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On 09 April 2020 at 08:35
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56 Points Posted on 09 April 2020
Not required
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On 09 April 2020 at 18:48

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