tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 June 2010
MY QUERY IS,
If i give my products for sale to consignee and i raise bill for net amount to consignee,i.e after retaining some amount by consignee will tds come into picture.
for e.g my selling price is Rs10/. and i give it to consignee for Rs7 , He in turn sells at rs 10/. to customer.
If i give my products for sale to consignee and i raise bill for net amount to consignee,i.e after retaining some amount by consignee will tds come into picture.
for e.g my selling price is Rs10/. and i give it to consignee for Rs7 , He in turn sells at rs 10/. to customer.
29 June 2010
NO TDS IS NOT REQUIRED TO BE DEDUCTED.
BUT IF YOU ARE BOOKING RS.10 AS SALE AND RS.3 AS COMMISSION THAN TDS WILL BE DEDUCTED ON COMMISSION U/S 194H.
BUT IF YOU ARE BOOKING RS.10 AS SALE AND RS.3 AS COMMISSION THAN TDS WILL BE DEDUCTED ON COMMISSION U/S 194H.
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