TDS Liability in Respect of professional Service
This query is : Resolved
04 August 2021
A company which was not required to be audited under section 44AB makes payment as advance to a external person which are in the nature of professional or technical service. I want to know whether TDS liable to be deducted by the said company from the advance payment.
04 August 2021
Yes TDS need to be deducted on advance payment for services.
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