Sellers memo for deduction
This query is : Resolved
30 January 2026
We have received rate difference credit note from goods seller.
Can on this credit note tds u/s 194 Q, again reverse.
( means is tds amount credit required to give to seller )
Can on this credit note tds u/s 194 Q, again reverse.
( means is tds amount credit required to give to seller )
30 January 2026
You cannot reverse TDS once deposited, but you can adjust it against the TDS of your next purchase from the same seller. You are not required to pay the TDS amount back to the seller; they will receive credit for it in their Form 26AS.
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