TaxTMI 
TaxTMI 
TaxTMI 
tds on contract
amit r
i have purchase the film to show in my multiplex. in this case tds on contract is applicable or not.if TDS is not applicable than sent any related case law.
TDS Not Applicable on CD Format Film Purchase; Treated as Goods Contract, Not Services, Citing ACC Cement Case. A user inquired about the applicability of Tax Deducted at Source (TDS) on a contract for purchasing a film to show in a multiplex. A respondent clarified that if the film is purchased in CD format, it is considered a contract for goods rather than services. The respondent referenced a case involving ACC Cement Limited to support this distinction. (AI Summary)