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 |
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