ONE OF OUR CLIENT LEASE HIS PROPERTY FOR 3 YEARS AND RECEIVED LEASE AMOUNT IN ADVANCE FOR THREE YEARS AND LESSEE DEDUCT TDS ON IT IN THE YEAR OF RECEIPT ITSELT. CAN WE BIFURCATE THE ADVANCE AND TDS INTO THREE YEARS AND CLAIM IT IN EACH YEAR. CAN TDS CREDIT TO BE CARRY FORWARD TO NEXT YEARS. THANKS IN ADVANCE
Menu
Taxability of advance
Replies (1)
Yes......
Recent Topics :
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
Related Topics :
CAclubindia
