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.
2 Replies
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.
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