Is TDS deducted for an amount of work advance paid

Is TDS deducted for an amount of work advance paid to supplier amounting to rs.20000 for purchase of fuel
Replies (1)

If it's a work contract, then yes.

All provisions of tds states the wordings as " credit to account or sum paid" whichever is earlier..

If you are satisfied, kindly drop email to capravin87 @ gmail.com 

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