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whom can deduct the TDS?

Answers were Sorted based on User's Feedback



whom can deduct the TDS?..

Answer / damarla

The company/firm which is paying the bill to the supplier
of service/goods has to deduct the TDS according to the
rate applicable and the same shall be remitted to the
supplier tax account number.

Is This Answer Correct ?    29 Yes 8 No

whom can deduct the TDS?..

Answer / s.shanthi

Company/Firm who are paying to the contractors/service
personals/sales comission.

Is This Answer Correct ?    18 Yes 4 No

whom can deduct the TDS?..

Answer / bindeshwari chauhan

TDS are not required to be deducted by proprietary concern
and partnership firm as in Indian law it is assumed that
they are not required to know this law. but if they are
under audit they have to deduct Tds ........ Refer sec.190

Is This Answer Correct ?    5 Yes 1 No

whom can deduct the TDS?..

Answer / shiva

the tds will deduct by company / firm]

the service who gained, they deduct the service from whom
we got service.

Is This Answer Correct ?    6 Yes 3 No

whom can deduct the TDS?..

Answer / ravi

The company/firm/individual who is paying the amount to the
suppliers/servce persons those to deduct the TDS according
to the rate applicable and the same shall be remitted to
the supplier/service person tax account number

Is This Answer Correct ?    5 Yes 2 No

whom can deduct the TDS?..

Answer / yogender singh

any one can deduct tds it may be company firm or individual.
if any of the above is using any services or paying any kind
of interest, commission or rent, then he/she/it is liable to
deduct tds as per the current rate, it also depand on the
liabilitie of the tds deduction

Is This Answer Correct ?    9 Yes 7 No

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