can we deduct the tds on purchase of computer, server?
Answer Posted / gyansaxena
You should not deduct TDS on any purchase , either server
or any other purchase.
Tds deduction is only applicable when service is provided
to you, in form of Profession, Rent, Contract, Interest etc.
| Is This Answer Correct ? | 12 Yes | 2 No |
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Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
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