Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

if we are purchase in 4% vat tax than can we deduct tds

Answer Posted / pramodh

no
tds can not be deducted while making payment for purchases,
tds will be deducted only on job works, for example: while
making payment to contractors, sub contractors, payments
for proffesional and technical services, while paying
interest and rents, commisions, salaries etc,

Is This Answer Correct ?    49 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

CASH SALE OF Rs. 10000/- WITH TAX. THEN WHAT SHOULD BE THE ENTRY BEHIND THIS IN BOTH SIDE SALES AND TAXATION.

2160


how to calculate deffered tax, relating to company.. pls explain with examples.. also about timing differences..

1933


i am new to this tax system if you don't mine "please help me"

1927


what is fbt@ ,sd @

2174


HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.

2202


What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?

1970


At what rate firms are required to pay tax on their income?

1272


how to finalaze the balence process using tally

2585


What is process CST & Custom Duty Handle in tally Erp 9, with example.

1740


How to file the CST return and which form is use.

1762


what is excise return, what is form requirement and what is procedure for excise return?

2190


can penalty be imposed under sec 96 of vat act west bengalfor goods destroyed or damaged

2356


what is the prime cost? and factory cost how to calculate it?

2139


If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?

1670


what is rules of taxation

2092