TaxTMI 
TaxTMI 
TDS liability
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....DS liability<br> Query (Issue) Started By: - Pradeep Jain Dated:- 17-6-2013 Last Reply Date:- 21-6-2013 Income Tax<br>Got 3 Replies<br>Income Tax<br>Dear Sir, Our Cusotmers want to supply some compon....
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....ents on payment basis say Rs.50/- and our Sales Price including the said materials is Rs.200/- Now query is that :- Will TDS decut by our customer on the total amount i,e Rs. 200/- paid by him. Re....
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....gards Pradeep Jain Reply By AKTA KUMBHANI: The Reply: TDS is not applicable on sale of Material. SO there is no question of TDS deduction Reply By Pradeep Jain: The Reply: With rererence to abo....
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....ve quary and repy, wish to add that we have been Manufacturing or supplying a product according to the requirement or specification of our customer by using the material purchased from such customer......
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.... Then what would be TDS liability on behalf of customer. Will he deduct from the payment made by him. Please reply. Regards Pradeep Jain Reply By AKTA KUMBHANI: The Reply: if you make entry of t....
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....he component received from your suppiler just like the sales then whatever you return to your suppilers its your sales then no question of TDS. but if you make entry only for labour then suppilers lia....
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....ble to deduct TDS only on the labour value not the total value.<br> Discussion Forum - Knowledge Sharing ....