Tds

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is tds deductable at advance given to any party/ at what rate/

Replies (4)

TDS is deductible at the time of payment or credit in the books of account whichever is earlier generally.

Therefore TDS is deductible at the time of advance payment.

TDS Rate depends on the nature of transaction. So plz specify it

ITS A ADVANCE PAYMENT TO PVT LTD CO FOR RENDERING ENGINE SERVICES. THANKS

TDS rate - 10% u/s. 194J

 

agree with above

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