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TDS TO BE DEDUCTED, Other Topics

Issue Id: - 109358
Dated: 31-10-2015
By:- Sarfraz Khan

TDS TO BE DEDUCTED


  • Contents

Dear Sir,

Can you please explain

1) How do I decided whether TDS to be deducted or not on any Invoice received from Vendor.

2) Do I need to deduct a TDS on printing stationer zerox and muncipal taxes.

3) what is basic of TDS

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 1-11-2015
By:- Ganeshan Kalyani
Tds is not applicable on purchase on printing and stationery. Tds is applicable when service is received and to be deducted from the payment to be made to service provider. Tds are deducted under different heading for different services. few are contract, professional services, rent, interest etc. Basic exemption are given to each of these services.

2 Dated: 2-11-2015
By:- Sarfraz Khan

Dear Sir,

Thanks for your reply, but when we paid any Deposit should TDS be deducted while paying Deposit or Deposit getting back from the party ?


3 Dated: 3-11-2015
By:- Ganeshan Kalyani
Deposit is not a consideration for service it is just a security deposit and therefore no TDS on deposit. this is my view.

Page: 1

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