Hi, Our Company Purchase Rs:15,00,000 worth of Truck from a
person, When at the time of Payment We deduct TDS or Not?
Note: There is No Agreement or Contract with them
I need the Help.
Regards
Sakthi
Answer Posted / h.r. sreepada bhagi
Your company has purchased an asset. It does not come under
TDS purview. So need not deduct any tax from the money payable.
Is This Answer Correct ? | 15 Yes | 2 No |
Post New Answer View All Answers
At what rate firms are required to pay tax on their income?
how to calculate vat, st, cst, excise duty, customs duty, tds.
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
how & on which amt tax should be calculate on pvt ltd company or ltd company
can i adusted our vat credit in W.C.T. payable?
What is turnover limit for Auditing of Service Tax, VAT, Income Tax, Provident Fund, P. Tax and WCT? Please mail me at gautam_ch2 @ rediffmail.com or call me at 09831707812.
HOW CALCULATE PARTERNERSHIP FIRM INCOME TAX ON NET PROFIT.
Explain the Calculation of Sales Tax?
How can I Return CST Form-I
OUR CO. ACCEPT SODEXO COUPONS FORM CUSTOMERS; WHEN WE SUBMIT COUPONS FOR REIMBURSEMENT TO SODEXO THEY DEDUCT SERVICE CHGS AND S. TAX AND PAY BALANCE AMOUNT, DOSE IT ATTRACT TDS?
what is D-1, D-2, Vat-C4,
Please guide in Taxation. I want to know the CHALLAN NO, FREQUENCY OF TAX DEPOSIT,FILING FORM NO, FREQUENCY OF FILING OF ALL TYPES OF TAX(DIRECT & INDIRECT)
What do you mean by fair rent?
What are all include taxation...? What is to be noted in the taxation...? Hints would be highly appreciated.
how to creat e-vat return in tally