Tag Archives: #SellerVsBuyerTaxLiabilityResponsibilityObligation

Who pays the TDS, the seller or the buyer?

TDS or Tax Deducted at Source is the amount of tax that is deducted from the payment made to a resident or a non-resident by the person making the payment. The responsibility to deduct TDS lies with the person making the payment, and not the recipient of the payment. Who pays the TDS, the seller… Read More »