TDS
This query is : Resolved
tarunjjain
(Querist)
22 April 2011
MY CLIENT PURCHASE GOODS FROM PARTY ON RS. 100 AND ON DUE DATE HE GIVES THIS BILL TO OTHER FOR PAYMENT AND GET BIIL OF RS. 105 FROM OTHER PARTY FOR THE SAME GOODS.
THIS TRANSACTION HE DOES FOR WHOLE YEAR BUT PROBLEM OCCURED AT THE END OF THE YEAR, AS BOOKS SHOW NAME OF REAL SUPPLIER AND AFTER THE YEAR END HE GIVE THIS BILLS TO OTHER.
WHETHER TDS IS APPLICABLE ON DIFFERENCE PAID TO OTHER PARTY ?
THIS TRANSACTION HE DOES FOR WHOLE YEAR BUT PROBLEM OCCURED AT THE END OF THE YEAR, AS BOOKS SHOW NAME OF REAL SUPPLIER AND AFTER THE YEAR END HE GIVE THIS BILLS TO OTHER.
WHETHER TDS IS APPLICABLE ON DIFFERENCE PAID TO OTHER PARTY ?
CMA Ramesh Krishnan
(Expert)
24 April 2011
your query is not clear,
but goods supply generally not attracted TDS
but goods supply generally not attracted TDS
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