TDS deductions towards advance payment receipt

TDS 759 views 1 replies

Dearsir,

 

Pl clear my doubt regarding tds deductions towards advance payment aganist interstate work contract . Is it necessary to deduct tds at the time advance for future work or not.

 

Regards

Surendran.N

Replies (1)

if advance is kept in advance to suppliers then no TDS, but at the time of booking expenses TDS provisions will apply 


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