Swami Ayyappa Nuli (TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER) (1372 Points)
04 December 2013I make payment of rs 45000 to contractor of providing manpower services as advance for the next year,am i liable to deduct T.D.S in the current year?
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 05 December 2013
Yes, liable to deduct TDS
| Originally posted by : e.filer B.Com/ Hyderabad | ||
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YES.Time of payment and / or debiting as an expenditure whichever occurs first is the criteria. No where it is mentioned about the period for which it is paid / received. |
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saudbelim
(Accountants & Tax Practitioner)
(36 Points)
Replied 05 December 2013
*RENU SINGH *
(✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ )
(21627 Points)
Replied 05 December 2013
Undoubtedly yes
Pritesh Barola
(Director)
(21 Points)
Replied 05 December 2013
Santosh singh
(student)
(22 Points)
Replied 05 December 2013
ACS Gaurav Jain
(company secretary)
(551 Points)
Replied 05 December 2013
rahul sharma
(Accounts)
(41 Points)
Replied 05 December 2013
ACS Gaurav Jain
(company secretary)
(551 Points)
Replied 05 December 2013
NILA REJESH P
(Chartered Accountant)
(815 Points)
Replied 05 December 2013
Yes, at the time of payment or debit.
CA Vikas Asawa
(Chartered Accountant)
(25 Points)
Replied 05 December 2013
CAclubindia
