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TMI Blogdeduction of tdsX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, A manufacturer has supplied materials to my supplier . We have made payment to the manufacturer on behalf of the supplier and this amount has been debited to my supplier account.This amount ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... will be adjusted on the supplies made by the supplier. My question is whether we have to deduct tds for the supplier. Regards S.Ramakrishnan. - Reply By Saji John - The Reply = Your query is inco ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mplete, if the supplier supplies you material how come TDS is effected, have you entered into any contract/agreement for which the TDS has to be deducted. Kindly clarify to give appropriate comments/v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iew/reply - Reply By S RAMAN - The Reply = From your statement, you have effected payment to supplier on behalf of A means that A brought materials. Then you are going to adjust what you hav ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e paid against goods to be supplied by A . It is a sale transaction and hence the question of payment of TDS does not arise. - deduction of tds - Query Started By: - Ramakrishnan Seshadri Dated:- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 29-4-2014 Income Tax - Got 2 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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