TDS payments by others

This query is : Resolved

Irshad Ahmed M (Querist)
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08 July 2010 facts of the case :
We are a processing and trading concern
due to liquidty problem buyer agrees to make payment to our contractors

while making payments they deducted tds

the deducted tds was deposited in bank within time

while depositing they mentioned their own TAN instead of us

now the buyer has sent debit note for the same

Can we cliam the expenditure with tds from our side
whare are the complications etc.,
what will happan to tds deducted by paid by buyer in his own TAN
can we claim the tds paid in buyers TAN
who has to file quarterly return
etc.,
etc.,

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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08 July 2010 For your expenses, buyer paying tds and claiming all ok, but TDS payment made for your TAN only can be claimed otherwise the buyer only have right to take that TDS.

So much complications are there

even though buyer paying for you the same rasing debit note what will be the payment date can you show, actual payment only you can be show the return

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