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TDS on Advances paid to sub- contractors

This query is : Resolved 
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(Querist)
29 May 2009 Hi,
Is it necessary to deduct TDS on advances paid to sub-contractors(morethan 2000, i know if TDS not deducted the payment disallowed, but it is any way advance na, how it can be dis allowed.
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CA PARVEEN GAMBHIR

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CA PARVEEN GAMBHIR (Expert)
30 May 2009 Liability to deduct TDS arises on the date of credit or payment (including advance),whichever is earlier, if amount of exceeds 20000/- or total value of contracts exceeds Rs.50000/- in a financial year u/s 194-C.
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