01 December 2011
Sir, We have Raised a Debit Note on Our Customer for Reimbursement of Labour Charges i.e. Repacking of There Product and Transport Charges now at the time of Payment our Customer has deducted TDS on All this Debit and Make Payment after Deduction of TDS please tell me is it Correct way please help me to solve this matter
02 December 2011
Dear Sir , The TDS deducted by your customer is in accordance with the provisions of the Income Tax Act, 1961.The TDS will be deducted on the amount of invoice raised or bill or debit note issued.
CAclubindia
