TDS on purchase of goods 194Q
This query is : Open
19 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?
19 March 2022
TDS to be deducted on net amount after discount.
19 March 2022
Is there any notification/clarification supporting to your reply for deduction on net amount?
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