Dear All,
I have a vendor who accepts payment through credit card only and provides IT consulting services. they issue an invoice with GST, where expenses head IT Services ( 998313 ).
My Question is about TDS,
While booking the Invoice we deduct TDS deposit on their PAN but while doing payment we have to pay invoice amount as there is option pay after TDS. Then we ask the vendor to refund the TDS amount but they do not agree for refund. They said expense off that amount we can't help you.
Is there any provision to not deduct TDS as we have loss of the TDS or can take any action against them ?
Please advise
CAclubindia
