tds deduction


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(Querist)
19 February 2011 my question is a company making cigrattes ,tea issue credit note to the wholesale dealer who(wholesale dealer) is paying payment to the vendors to display the the compny products and company is booking it as a expense but payment is made by wholesale dealer and in return company issues the credit note to wholesale dealer then who is liable to deduct tds also give reference.

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Guest (Expert)
20 February 2011 In my opinion, TDS should be deducted by the wholoeseller.


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