TDS ON ADVANCE PAYMENT FOR PURCHASE OF PROPERTY
This query is : Resolved
17 March 2020
I WANT TO KNOW IF I PAID ADVANCE PAYMENT FOR PURCHASE OF PROPERTY I DEDUCT 1% OF TDS AND TDS DEPOSIT IN WHICH FINANCIAL YEAR BECAUSE BALANCE PAYMENT OF PROPERTY WILL BE PAID NEXT FINANCIAL YEAR
17 March 2020
Deduct TDS in the financial year in which the advance payment is made.
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