TaxTMI 
TaxTMI 
TDS Receivable on advance
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....DS Receivable on advance<br> Query (Issue) Started By: - Ashiesh Prremji Dated:- 30-10-2021 Last Reply Date:- 1-11-2021 Income Tax<br>Got 1 Reply<br>Income Tax<br>Dear Expert, Please clear my doubt w....
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....hether TDS receivable can be booked at the time when advance received after tds ? If no Invoice issued and advance as received refunded can we take TDS benefit while computing income tax if deductor ....
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....has deposited TDS which he deducted while advance payment only. Thanks, Reply By CASusheel Gupta: The Reply: Credit for TDS can be taken in the AY in which income is assessable i.e. in the year in ....
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....which invoice is raised. Please refer to Rule 37BA(3) TDS deposited in current year needs to be carried forward to subsequent year in the ITR. CA Susheel Gupta 9811004443<br> Discussion Forum - Kno....
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