Third party payment in tds

AGNIHOTRAM RAM NARAYANA (JR EXECUTIVE) (119 Points)

03 November 2012  

sir,

 

i want to know, whether in case of TDS third party payments are accepted or not. i.e., if i have to deposit tds u/s 194c deducted by me from my supplier.  immediately i am not having funds to pay. can other person pay this amount through his net banking and later on can i refund to him.

 

regards,

 

Ram Narayana A