Is TDS is applicable on advances payment to the vendor?
Menu
Is Tds applicable?
Replies (5)
provided that he will provide us the services.
tds will be applicable at the time of any payment in advance or invoice whichever is earlier come into force.
Agree with Harpreet
dear all,
on which amount is tds applicable ,
is it 1,20,000/- or 1,80,000/- per annum
pls give me details
tds is applicable on credit or payment whichever is earlier and payment includes advance payments also. But if u r purchasing some thing then no TDS is applicable .
Recent Topic
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
Related Topics
CAclubindia
