05 August 2014
If TDS is deducted by you on payment to X ltd, then you have to add this amount also.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
05 August 2014
but the above sentence says paid to m/s x ltd and the amount paid to m/s x ltd is obviously after deduction of TDS. So should I include amt paid + TDS deducted both.
05 August 2014
TDS is to be paid on behalf of the other party. This provision is made to ensure smooth collection of tax. You will never pay your money but you pay on behalf of other in case of TDS.