Tds interest on security deposit

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2017 Our customer A paid an amount to us to pay security deposit to MSEB. The power connection in our name and MSEB paid interest and deducted TDS. Said interest less from our power bill.

Now our customer A recovered interest & TDS amount( TDS recovered by MSEB) from our Bill. We have also paid TDS an amount recovered by our A customer.

Our A customer not agree to paid TDS on his recovery amount. This is correct or not.

L.D. Dharmadhikari

24 February 2017 Your customer is right in not paying the TDS as TDS credit gone to your PAN.


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