Under 194R Invoice dated 31/08/22 and invoice is pertaining to benefits provided between 01/05/2022 to 31/05/2022. Whether TDS under 194R applicable?
No Provison has been accounted for the transaction for services received between 01/05/2022 to 31/05/2022
Yes, if the aggregate amount exceeds Rs. 20,000/- for the benefits provided.
You can deduct TDS in the last bill of the month, for the aggregate benefit provided during the month.
CAclubindia
