Easy Office

TDS LIBILITY ON ADVANCE PAYMENT.

This query is : Resolved 
Profile Image

Profile Image

(Querist)
25 May 2021 I am paid of Rs 70000 as advance payment as professional fees Dated :- 11/05/2021. (partly payment)

does it required to deduct & pay in this month TDS?
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
25 May 2021 Yes, TDS applicable on such advance payment. Deduct and pay in this month TDS.
Profile Image

CA Rajat Pathak

Profile Image

CA Rajat Pathak (Expert)
25 May 2021 yes you need to deduct tds and pay on or before due date i.e. 7th june



Profile Image

Viral

Profile Image

Viral (Querist)
27 May 2021 what is basic amount to be considered ?
70000 or 59322

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links