applicability of TDS

[Guest]

sir,

we have purchased a RICOH made xerox machine for office purpose at a cost of Rs3,67,000.00.from a DGS&D dealer .

i would like to know whether it attracts TDS,if so under what rule.

chakravarthy

[K L NARASIMHAM]

Dear Mr Chakravarthy

Purchases of goods, either capital or otherwise, do not come under the TDS Provisions.  You may purchase the item without making any TDS.

KL Narasimham

AI Summary

No TDS Required on Office Xerox Machine Purchase from DGS&D Dealer, Clarifies Applicability Rule. A query was raised regarding the applicability of Tax Deducted at Source (TDS) on the purchase of a RICOH xerox machine for office use, costing Rs 3,67,000, from a DGS&D dealer. The response clarified that purchases of goods, whether capital or otherwise, do not fall under TDS provisions. Therefore, the purchase can be made without deducting TDS.