Tds on tender fee
Shreyansh (Student CA Final ) (53 Points)
20 June 2016
CA Harshal Totla
(Chartered Accountant)
(2224 Points)
Replied 20 June 2016
Shreyansh
(Student CA Final )
(53 Points)
Replied 20 June 2016
Tender is for making of scrapper barrels. It is open for all mfg. co. My co. is also applied for it. It fees is around rs. 65,000.
CA Harshal Totla
(Chartered Accountant)
(2224 Points)
Replied 20 June 2016
Mansi Almeida
(Service)
(39 Points)
Replied 16 June 2017
On a similar line, as a part of tender agreement for purchase of coal, the assessee is required to pay Rs.2.5 per tonne as processing fee which will be only payable if the tender is granted. Will this processing fee attract TDS provisions?
Sanjay Vyas
(Co-founder)
(92 Points)
Replied 21 May 2018
2 Days Certification Course on Chat GPT and AI Tools for Professionals