Is tds deductible on discount given to customers who book the flats?

Eg: If Im a construction company.

Answers were Sorted based on User's Feedback



Is tds deductible on discount given to customers who book the flats? Eg: If Im a construction com..

Answer / lokesh bachchani

NO Discount deducted only on payment made , no TDS is deducted on discount

Is This Answer Correct ?    1 Yes 0 No

Is tds deductible on discount given to customers who book the flats? Eg: If Im a construction com..

Answer / lokesh bachchani

no tds deducted only on payment made to any party, therefore no tds on discount given to any party

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Audit Interview Questions

how many types of Balance sheets?

5 Answers   IOCL, Kalanikethan,


Who will audit an auditing firm?

0 Answers  


What is Cost audit & its Type?

3 Answers  


Expand---------BRPT

1 Answers  


I WANT TO DO MY ARTICLE-SHIP FROM DELLOITS KOLKATA..PLEASE HELP??

0 Answers   Deloitte,






Explain tangible assets?

0 Answers  


what is Form H?

2 Answers  


when Deferred Tax Asset & Deferred tax liability arises?

19 Answers   ABC, Anchor, E-City Ventures, Infosys, Katha, Synergy, TATA,


Does anyone work for the CA state as an Auditor? I am a new college graduate and I need some tips on what questions I will be asked during the interview for the Auditor 1 position. Can anyone help?

2 Answers   CA,


Expand SOX?

1 Answers   Ernst Young,


what is audit & activities of auditor?

8 Answers   Ferguson,


WHAT ARE THE DOCMENTS TO BE READY FOR THE F/YEAR END AUDIT

5 Answers  


Categories