my one Client have hotel so one event party raise a bill for whole year in march to hotel name but still not made a payment so should hotel company deduct tds in march or at time of payment which still not made because audit team said that tds must deduct in march when bill raise so please guide
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TDS for bill raise on March or at payment in May
Replies (2)
if you are following mercantile system of accounting then it has to be during the month of March else during the time of receipt
TDS deductible on march.
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