Payments to Vendors for Procuring Goods including Clothes & Footwear are Not “Works Contract”, No TDS: ITAT [Read Order]

Payments - Payments to Vendors - Procuring Goods - Clothes and Footwear - Works Contract - TDS - ITAT - taxscan

The Mumbai Bench of Income Tax Appellate Tribunal ( ITAT ) has held that no Tax Deducted at Source (TDS) shall be deducted as payment to vendors for procuring goods including cloths and footwears were not treated as work contracts. Shoppers Stop Ltd the assessee is a company which runs retail stores, dealing in clothing,…

Your free access to Taxscan has Expired

To read the article, get a premium account.

Taxscan Premium

Why should you subscribe?
  • Enjoy our website without interruptions from advertisements
  • Receive Daily newsletters
  • Receive realtime Telegram/Whatsapp news updates
  • Download original Judgements / Order / Notifications / Circulars, etc
  • Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
  ₹1199 + GST for 1 year

Subscribe Now

taxscan-loader