23 October 2009
Dear Sir/ Madam, I need your advice on Deduction of TDS.
One of Our CHA ( Custom Handling Agent)has deposited A sum of Rs (Say) 900 (1000 bill amt-100 TDS) with Kandla Port Trust after deducting TDS. Now CHA has raised debit note on us (A Public limited Company) with full amount of Rs. 1000/-. My Question is that: 1.Should we deduct the TDS on the debit Note(Rs. 1000/-) of CHA. 2. is any circular from tax department in this Regards.
CAclubindia
