Interested to Buy Any Domain ? << Click Here >> for more details...
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
- 5 Answers
- 11754 Views
- Bajaj, I also Faced
- E-Mail Answers
Answer Posted / narsimulu
Yes you are purchased a truck of 1500000 rupees.its ok
U should not diduct the TDS because tds will deduct only on
expenditure not on purchase of fixed assets and not on
goods purchased.
| Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
procedure to get Raw Material free of excise duty under Central Excise Act,
Explain the procedure to calculate provident fund, esi, vat and sales tax.
Sir please confirm job work sale for clothes shat d1 yes & no
please provide to us the rules of wct in andhra pradesh (Hyderabad)
if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form
procedure to get Raw Material free of excise duty under Central Excise Act,
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
HOW TO CALCULATE PF, ESI, VAT, SALES TAX ETC.,
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
WHAT IS EXECUTION OF WORKS CONTRACT ?
WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?
Can I know the full description about capital and revenue in nature? and also the expenses that allowed for tax and not allowed for tax?
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
What items come under deferred tax liability?
