TDS
This query is : Resolved
06 January 2010
Bank has made payment on behalf of the company but has not deducted tax at source. In this case, whether the company can be held liable for not deducting tax at source?
06 January 2010
Yes Company is liable to deduct tax as bank is paying on behalf of company that means it is debiting their client account.
07 January 2010
yes, Company held liable
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