Tds
Querist : Anonymous
If i have the same person as sundry debtors as well as creditor. Eg. X is providing transportation service to Y & Y is providing CHA service to X. so For X, Y account will show both credit & debit balance. Now my question is On X account Y need to pay Rs.15L, X payable to Y is Rs.20L. X is adjsuting their book entry and ready to make payment of Rs.5L to Y. Now Is TDS need to be deducted on Whole 20L or Payable Amt of Rs.5L.
Expert : Anonymous
Querist : Anonymous
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