30 March 2024
Dear sir, We make advance payment to party for R & D Work what is the TDS Liability. & Also advice now the work is not suceed & paty denied to give a bill. can we expense out our selves. please, advice.
30 March 2024
YES APPLICABLE FOR ADVANCE PAYMENT SERVICE R&D SERVICE 194J APPLICABLE. PART PAYMENT THEY NEED TO ISSUE BILL ON ADVANCE RECEIVED . YOU CAN BOOK EXPENSES ON ADVANCE PART IF YOU SURE YOU WILL NOT RECIVE BILL.
CAclubindia
