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

Eg: If Im a construction company.

Answer Posted / 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       View All Answers


Please Help Members By Posting Answers For Below Questions

What do you know about KPMG?

4348


which type audit for your company account

1896


What is an internal audit?

776


What are the essential of internal audit?

809


Explain how to do an internal audit effectively?

756






How can i disable closing stock in trial balnce in tally?

2331


Explain the purpose of meeting in audit?

759


What are the importance of internal audit to the organization?

758


please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U

2000


What is an internal audit and what is the role of internal audit?

779


Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?

2163


Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com

2025


What is non statutory audit?

764


A company charity (gross income

1919


Why there is no opening balance for Profit and Loss Account?Refer me Detailed explanation. Thank you.

1111