HI!
One of our client is a real estate consultant. He offers discount on property bought by his client.
The discount is passed by paying back said amount to the client.
for example :- If the cost of property if Rs 1,00,00,000 and discount offered is 1% which amounts to Rs 1,00,000/- .
our client pays this amount to his client through cheque.
Is he require to deduct TDS on that if no then ok but if the answer is yes then please elaborate the related provision. Thanks
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