Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 November 2017 If party is not Deducting TDS since last 8 months against my bills & paying a Lum sum amount every month, what will I do in this senerio as per Law ??

18 November 2017 First of you ll check the are under audit...!

18 November 2017 It is the duty and responsibility of the payer to deduct tax at source. If the payer fails to deduct tax at source, then the payee will not have to face any adverse consequences. However, in such a case, the payee will have to discharge his tax liability. Thus, failure of the payer to deduct tax at source will not relieve the payee from payment of tax on his income. ​




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