TDS on prepaid expenses, CAN BE DEDUCTED
This query is : Open
Quick Summary
17 June 2022
Yes, TDS should be deducted from prepaid expenses.
The due date for deduction of TDS is the date of credit in the books of accounts or the date of payment whichever is earlier.
The due date for deduction of TDS is the date of credit in the books of accounts or the date of payment whichever is earlier.
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19 June 2022
TDS deducted on payment basis , so same can be deducted
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