https://www.taxtmi.com/forum/issue?id=5241 TDS deducted on consultancy fees is treated as effectively received and should be handled like the advance payment. The obligation to refund the deducted TDS when returning an advance depends on the contract terms and whether the recipient declared the advance as income and paid tax on it; these factors determine how much must be refunded. en-us Mon, 28 Jan 2013 12:17:34 +0530 Thu, 23 Jan 2025 15:57:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5241 TDS deducted on consultancy fees is treated as effectively received and should be handled like the advance payment. The obligation to refund the deducted TDS when returning an advance depends on the contract terms and whether the recipient declared the advance as income and paid tax on it; these factors determine how much must be refunded. Discussion-Forum Companies Law Mon, 28 Jan 2013 12:17:34 +0530 https://www.taxtmi.com/forum/issue?id=5241