TDS against advance

12 February 2020

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

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4 Replies

Radhey Shyam Jha (Student) (1567 Points)
Replied 12 February 2020

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

Gunjan Shah (26 Points)
Replied 18 February 2020

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

Spurto Consultancy Services (Consultant) (1891 Points)
Replied 18 February 2020

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.

Raghupathy Ramarao (3 Points)
Replied 18 February 2020

Thanks for the reply

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