Tds rate

TDS 635 views 1 replies

A company is acting as a agent and sells the product of the the industry and is charging commission for it.The company takes the order from the customer and give that order to the industry.The company acting as a agent also charge shipping charges from the customer and also charges money for cash on delivery basis.The company issues seperate bill for the commission and shipping and cash on delivery charges.The industry is deducting TDS @ rate of 10% on both the bills but according to me they should deduct @ 2% for shipping and cash on delivery charges.Please give ur comments

Replies (1)

your views is right, please contact  to the reposible accounting  person for  the same


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