03 June 2014
Sir, we have received from our sub contractor a invoice for Rs.280000 and booked the invoice and paid the TDS against the invoice and did not pay the Invoice amount to our contractor .and Later our management deducted Rs.180000 from the invoice.And now our subcontractor send a legal notice stating that we already paid the TDS and its illegal and unlawful. Kindly give me a clarification My mOBILe-8754428355
Guest
Guest
(Expert)
03 June 2014
TDS liability arises on the day of booking of exp. or on advance payment which ever is early
you can clearly proof that u had booked the entry but payment is made only after the aproval of seniors....
CAclubindia
