TDS against advance

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3 Points Posted on 12 February 2020
I would like to know is there any TDS for advances paid to the employees against salary
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On 12 February 2020 at 15:05 Report
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This discussion clarifies whether Tax Deducted at Source (TDS) applies to advance salary payments made to employees. The consensus is that TDS is not applicable on the accrual of salary, but rather at the time of actual payment. Therefore, TDS should be deducted when an advance salary payment is made.

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Student
1628 Points Posted on 12 February 2020
In my opinion the answer is no....but wait for some expert comment
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On 12 February 2020 at 20:40
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26 Points Posted on 18 February 2020
As per my opinion tds should be deducted on amount due or paid which ever is earlier
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On 18 February 2020 at 12:29
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Consultant
1891 Points Posted on 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.

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On 18 February 2020 at 12:54
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3 Points Posted on 18 February 2020
Thanks for the reply
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On 18 February 2020 at 13:32

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