Sir, If freight payment made after deduction of TDS and then deducting delay damage, then when waive off the delay amount, should TDS will deduct in it.
saurabh kumar
(Tax Consultant)
(348 Points)
Replied 30 September 2016
No, If you have deducted Tax on the whole amount (inclusive of delay damage),No need to deduct tax again.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)