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When you are making Down Payment or you Receive
Advance ,Does TAX come into Picture. If so how we are
supposed to go about it.
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Answer Posted / yogi
YES BOTH TRANSACTIONS R SUBJECTED TO TDS FOR THAT U HAVE TO
MAINTAIN CUSTOMISING SETTINGS FOR TDS AT PAYMENT LEVEL R
INVOICE LEVEL AND THE SAME IS APPLIED FOR DOWN PAYMENT AND
ADVANCES ALSO
| Is This Answer Correct ? | 12 Yes | 1 No |
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