Tds
This query is : Resolved
Sivakumar.VA
(Querist)
21 May 2014
Hello All!
I'm a newbie here, and i have a query on TDS.
For example:
A Limited company "A" has a Distributor "D" and an Agent "R" in a district.
Here "A" is supposed to pay a commission to "D" and "R" every month.
"A" routes the complete commission of "D" & "R" thru "D"s account only. Which means "R" gets its commission thru "D" every month.
"A" pays the TDS of the complete commission into "D"s PAN. Now how will "D" share or transfer the TDS of "R" to his(R) account?
Pls help me
Regards,
Siva
I'm a newbie here, and i have a query on TDS.
For example:
A Limited company "A" has a Distributor "D" and an Agent "R" in a district.
Here "A" is supposed to pay a commission to "D" and "R" every month.
"A" routes the complete commission of "D" & "R" thru "D"s account only. Which means "R" gets its commission thru "D" every month.
"A" pays the TDS of the complete commission into "D"s PAN. Now how will "D" share or transfer the TDS of "R" to his(R) account?
Pls help me
Regards,
Siva
Rupesh Jain
(Expert)
21 May 2014
at above situation D will deduct the tax due to as per A commission paid to D . and D make payment to R according to his earing.
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