Tds contract

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IF ADVANCE IS GIVEN ,I HAVE TO DEDUCT TDS AT THE TIME OF BILL RAISED OR AT THE TIME OF PAYMENT
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TDS should be deucted at the time of payment or booking of bill whichever is earlier; (subject to exceptions like salary, dividends. etc)

As you are making advance payment, TDS is required to be deducted on the amount of advance payment being made at applicable rate.


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