Packing Material
hussain
(Querist) 14 December 2009
This query is : Resolved
Sir,
The company as purchase packing material with particular Pacification and for that the company as not deducted T.D.S one thing more that bills which are received from party in that its not possible to by farcat material cost and labour cost so how the company will deduct T.D.S for the same matter Income Tax department trying to disallowed the purchase of Packing material for which T.D.S not deducted.its possible
Raj Kumar Makkad
(Expert) 14 December 2009
TDS is required to be deducted on total bill in the given matter.
Vineet
(Expert) 14 December 2009
No TDS is to be deducted on purchase of packing material as such. However, from your query it appears that your company has got packing services with material.
In such circumstances the entire transaction takes colour of contract and therefore TDS needs to be deducted on the entire bill.
Sachin Bhatia
(Expert) 20 December 2009
TDS is required to be deducted on total bill
