TDS on purchase of goods value determination
This query is : Resolved
28 March 2022
u/s 194Q if we are paying supplier after deducting discount for timely payment then TDS is to be deducted on gross amount or net amount i.e after discount? Purchase is booked at gross.
28 March 2022
TDS to be dedutced on the Gross amount because you are accounting purchase at gross amount.
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