Accountant
58 Points
Joined May 2016
we are trading goods.Our some of debtors have not paid payment .The debtors have not subdealer or but we sell a lot of goods. Tax consultant have told to deduct tds on contractor 1 to ensure safety so that they have to pay. I want to know when is tds liable and cut tds on outstanding amount ? if yes it is compulsory i cant understand