if advance payment is made then we have to deduct tds on total advance payment (incl of gst)
if invoice raised then payment is made then we have to deduct tds on taxable value?
Correct, i.e. on taxable amount without GST...
Yes, when there is any amount paid in advance, TDS is to be deducted over total amount, as there is no GST part included in it.
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
View Details
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
View Details
CAclubindia
