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Tds

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20 July 2012 AN INDIVDUAL HAVING A PROPRIATORY CONSTRCUTION COMPANY DONE LABOUR WORK OF A PARTNERHSIP FIRM IN WHICH HE IS A PARTNER THAT PARTNERHSIP FIRM DEDUCTED TDS OF HIS PARTNER FOR LABOUR WORK HE HAS DONE FROM HIS INDIVADUAL PROPRIATORY CONSTRUCTION COMPANY
MY QUESTION IS IF TDS DEDCUTED IS CORRECT THEN EXPLAIN WHY AND IF THEY CAN NOT DEDUCTE TDS THEN WHY & HOW TO RECTIFY THE MISTAKE.
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CA Manikandan.A.V

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CA Manikandan.A.V (Expert)
20 July 2012 THE PARTNERSHIP FIRM HAS TO DEDUCT TDS FOR CONTRACTUAL PAYMENTS MADE TO A PARTNER.
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