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TDS against advance


Raghupathy Ramarao   12 February 2020

Raghupathy Ramarao

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I would like to know is there any TDS for advances paid to the employees against salary

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Radhey Shyam Jha (Student)     12 February 2020

Radhey Shyam Jha
Student 
 68 likes  1019 points

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In my opinion the answer is no....but wait for some expert comment

Gunjan Shah   18 February 2020

Gunjan Shah

 1 likes  21 points

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As per my opinion tds should be deducted on amount due or paid which ever is earlier

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Spurto Consultancy Services (Consultant)     18 February 2020

Spurto Consultancy Services
Consultant 
 60 likes  1124 points

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As per Section 192, TDS is deducted at the time of actual payment of salary and not during the accrual of salary.

Hence, TDS to be deducted at the time of payment of advance salary.

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Raghupathy Ramarao   18 February 2020

Raghupathy Ramarao

 3 points

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Thanks for the reply


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