One of the clients sells goods to an exporter in Mumbai. The exporter charges an amount in the books of supplier as commission and brokerage. Thus while settling the accounts the payment recieved by client is net of such commission charged by the exporter (i.e. commission recieved by exporter and paid by supplier).
Now my query is, Will TDS be deducted by the supplier(client) on such amount credited ?
CAclubindia
