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TMI BlogTDS liabilityX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, Our Cusotmers want to supply some components on payment basis say Rs.50/- and our Sales Price including the said materials is Rs.200/- Now query is that :- Will TDS decut by our c ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ustomer on the total amount i,e Rs. 200/- paid by him. Regards Pradeep Jain - Reply By AKTA KUMBHANI - The Reply = TDS is not applicable on sale of Material. SO there is no questi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on of TDS deduction - Reply By Pradeep Jain - The Reply = With rererence to above quary and repy, wish to add that we have been Manufacturing or supplying a product according to the requirement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or specification of our customer by using the material purchased from such customer.. Then what would be TDS liability on behalf of customer. Will he deduct from the payment made by him. Please ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... reply. Regards Pradeep Jain - Reply By AKTA KUMBHANI - The Reply = if you make entry of the component received from your suppiler just like the sales then whatever you return to your ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... suppilers its your sales then no question of TDS. but if you make entry only for labour then suppilers liable to deduct TDS only on the labour value not the total value. - TDS liability - Query St ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... arted By: - Pradeep Jain Dated:- 17-6-2013 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... entindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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