Please let me know the solutions for my query
TDS is to be deducted on salary advance. Please Clarify with examples.
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Tds on advance salary
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Hello,
Advance salary received by an employee is taxed in the year of receipt. The rule behind this is the basis of taxability of salary i.e. salary is taxed on due or receipt basis, whichever is earlier. However an employee can claim relief under section 89 in respect of advance salary.
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