Dear All
1) XYZ, Partnership firm is a Franchisee of ABC Ltd.
2) XYZ collects whole amount from customers. example 100 Rs. Received from customer and after deducting his fee paid balance 65/- to the ABC Ltd.
3) ABC raised the invoice to XYZ and paid the amount ie: his fees
4) Question arises that is XYZ is liable to deduct TDS while making payment of Rs. 65/- to ABC Ltd???
Pl. advise!
dear kumar gaurav in your querry XYZ is taking fee twisely charging from customer after deducting fee and ABC again paying fee please make it clear.
dear kumar gaurav in your querry XYZ is taking fee twisely charging from customer after deducting fee and ABC again paying fee please make it clear.
S.B.G. & CO. CHARTERED ACCOUNTANTS
New Delhi
CA Inter
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CCI
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CAclubindia
