Hii friends.......
i was asked one question in interview regarding audit of TDS transanctions in case of huge no of suppliers....officer asked how can we get confirmation that tds was deducted in every case of suppliers in possible shortest method ????
please send me possible views ....
Hi Sri,
When there are various parties subjected to TDS by one vendor, each of those suppliers would also file a TDS return, to claim the credit. The defaulting party would get caught in this process. This is possible only after the year ends.
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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