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TDS on Advance to pary

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(Querist)
16 December 2010 Sir/Madam,
Is the TDS liability arises on any advance paid (to be adjusted with future amount payable) to the contractor?

Thanks & Regards,
Amit Kumar
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CA Manikandan.A.V

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CA Manikandan.A.V (Expert)
16 December 2010 TDS is deductible on payment of Credit whichever is earlier on non-salary payments. So TDS is liable on Advance.

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