Tds

This query is : Resolved 

08 January 2016 Whether discount allowed attract TDS? Does it come under "any other income" specified in 194H and TDS chapter?

08 January 2016 Dear
TDS is not applicable on discount allowed.No it does not come under 194J

08 January 2016 TDS is deductable on expenditure.please book expenditure net of discounts received any.


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