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ON WHICH AMOUNT PARTY WILL DEDUCT TDS ON MY PAYMENT FOR PURCHASING MATERIAL & SELLING FINISHED GOODS, Income Tax |
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ON WHICH AMOUNT PARTY WILL DEDUCT TDS ON MY PAYMENT FOR PURCHASING MATERIAL & SELLING FINISHED GOODS |
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pls clear the latest amendment u/s 194c regarding tds on sale of goods (with effect from 01.10.2009) MY QUESTION IS,WE ARE PURCHASING MATERIAL FROM CUSTOMER AND SELLING TO HIM ONLY THE FINISHED GOODS.PLS CLEAR ME ON WHICH AMOUNT PARTY WILL DEDUCT TDS ON MY PAYMENT. MOBILE NO-9811966217 Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Rajiv Ji, normally, TDS is not deducted on purchase of material except in the case of timbers, liquor etc. It seems that you are not delaing in these products.
WE ARE HIRING THE CRANE FOR LOADING/UNLOADING OF MATERIAL, PLS CLEAR THE RATE OF TDS TO BE DEDUCT.
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