example XY. Turnover croses 10 cores P Y ( purchase party )
. . ZX. Turnover croses 10 cores
P Y
(sales party )
ZX collected tcs while making bill to XY
already ZX (SALES PARTY) collected tcs. XY (PURCHASE PARTY ) IS manditory to deducted tds making payment to ZX ..
Primary responsibility is that of buyer. However, since tax has already been collected by the seller, the buyer is again not required deduct tax at source on the same transaction
CAclubindia
