Dear Sir
Sharing of Income - Applicability of TDS.
Mr A will supply all materials for manufacture of a machine. Mr B , a job worker will manufacture the Machine. Mr A will sell the machine and full sale proceeds will be transfered to Mr B. In turn Mr B will pay Rs.50000/- to Mr A .
What are the TDS implications. From A to B and From B to A.
Regards
CAclubindia
