44AD on Advance
This query is : Resolved
31 October 2021
Suppose we received an advance for service/goods in our bank account whether 6% is to be paid u/s 44AD?
Tax is to be paid in which year? whether in same FY or in the FY in which service/goods provided?
Tax is to be paid in which year? whether in same FY or in the FY in which service/goods provided?
31 October 2021
Corresponding to year in which the supply of goods/service made.
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