if advance payment is made then we have to deduct tds on total advance payment (incl of gst)
if invoice raised then payment is made then we have to deduct tds on taxable value?
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On what amount deduction under 194Q advance payment is made?
Replies (3)
Correct, i.e. on taxable amount without GST...
If advance payment is made then too tds to be deducted on total amount?
Yes, when there is any amount paid in advance, TDS is to be deducted over total amount, as there is no GST part included in it.
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