On what amount deduction under 194Q advance payment is made?
Karan Agarwal (8 Points)
17 August 2022if invoice raised then payment is made then we have to deduct tds on taxable value?
Karan Agarwal (8 Points)
17 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177877 Points)
Replied 17 August 2022
Correct, i.e. on taxable amount without GST...
Karan Agarwal
(8 Points)
Replied 18 August 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177877 Points)
Replied 18 August 2022
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.