ONE OF OUR CLIENT LEASE HIS PROPERTY FOR 3 YEARS AND RECEIVED LEASE AMOUNT IN ADVANCE FOR THREE YEARS AND LESSEE DEDUCT TDS ON IT IN THE YEAR OF RECEIPT ITSELT. CAN WE BIFURCATE THE ADVANCE AND TDS INTO THREE YEARS AND CLAIM IT IN EACH YEAR. CAN TDS CREDIT TO BE CARRY FORWARD TO NEXT YEARS. THANKS IN ADVANCE
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Taxability of advance
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Yes......
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