Is TCS or TDS applicable after adding Debit Note and after deducting Credit Note
This query is : Resolved
02 February 2026
Is TCs or TDS applicable after adding debit note and after deducting credit Note, Kindly reply.
03 February 2026
TDS/TCS is applicable on the net amount payable or received after considering debit and credit notes, provided such notes exist before deduction/collection; post-deduction credit notes do not require reversal of TDS/TCS.
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