EASYOFFICE

Tds in case of credit note?


17 November 2014 there are many bills of a party and also one credit note.So when grossing up does negative TDS to be taken for credit note, as we will be crediting party for net amount.

17 November 2014 No TDS on purchase and sales so no tds on credit note....

17 November 2014 but credit note is issued for services which are covereded u/s.194c.


17 November 2014 Debit and Credit note are issued only in case of Purchase and Sales.

17 November 2014 IT is WCT.
there is some non fulfillment of services, so party has issued credit note.the question if for TDS.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries