When we pay TDS on Income other than Salary, I see we have something called ' Amount to be allowed as credit during the year'?
What exactly does it mean?
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What is 'Credit during the Year' in case of TDS Non Salary?
Replies (2)
Generally, Its the total amount that has been deducted as TDS in the year.
That is correct. But why is it called 'Credit' amount?
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