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Tds on discount recd

This query is : Resolved 
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(Querist)
11 June 2021 NAMASKAR, I AM AN ACCOUNTANT FOR AN TAX AUDIT BUSINESS INDIVIDUAL BUSINESS.. THE COMPANY IS UNDER TRADING OF EDIBLE OILS AND GHEE ETC. THEY RECENTLY RECD AN E INVOICE WITH A DISCOUNT OF RS.103050/- IN THE INVOICE ITSELF.
WHETHER WE HAVE DEDUCT TDS ON ON THIS AMOUNT EARNED I.E. RS. 103,050/- WE WILL BE THANKFUL .
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ramanathan tm

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ramanathan tm (Querist)
11 June 2021 KINDLY GIVE REPLY SIR
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CMA Poornima Madhava

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CMA Poornima Madhava (Expert)
11 June 2021 You may deduct tax at source (if applicable) on the net value (after considering discount).
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Aashok Kumar Sharma online

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Aashok Kumar Sharma online (Expert)
20 June 2021 TDS will be only on NET amount only.
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