Dears
In case of a contractor , bill issued to party in that bill amount received after deducting some amount for sub contract . party deducted tds on the full bill amount. Whether tds is deducted by contractor on the sub contract amount deducted from the bill. Pls help me its very urgent
Mr. v.k.jain. Your term may be correct?. I have a doubt. Mr. A, may be a contractor or sub-contractor. then tds will be deducted. Mr. A billed on B deducted TDS and B billed on C towards sub-contract by him . Then B has to deduct TDS again. correct. sekar mach
CAclubindia
