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tds on int on lc

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(Querist)
28 March 2017 vendor has raised debit note for recovery of int on LC .TDS is to be deducted on debit note raised by vendor or not
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
28 March 2017 I don't think so you have to deduct Tds on debit note for LC interest.

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