TDS on advance bill

Provision can be made & deduction TDS also can be made. Otherwise a split upbill can be requested for two differential FY and acc*nt the same accordingly.

So same shall be treated for FY 2020-21 of Rs. 5,00,000/-. Will not be problem for the supplier ?

Originally posted by : V P Narasimhan
	Provision can be made & deduction TDS also can be made. Otherwise a split upbill can be requested for two differential FY and acc*nt the same accordingly.

Will it be possible to split? Will not be a problem for GST? 

Originally posted by : RAJA P M
	@ Mr Avinash Jeevan Dsouza., You must be deduct (already You deducted) for the payment of 3lakhs which is paid FY 19-20...Don't be confuse for the bill received in FY 20-21. You will deduct TDS against Rs 5 lakhs in FY 20-21...

So as per our books we have deducted tax for 3 lakh in FY 2019-20
balance 5 lakh in FY 2020-21
and booked the expenses in FY 2020-21

Originally posted by : RAJA P M
	Yes... You are exactly correct.

Thank you.