Why should the corporate not deduct 2 % TDS on advance payments ?

The 'Advance Paid' amount is inclusive of Driver's share (TDS not applicable) and Ola’s share (TDS is applicable). As the driver’s share of advance payments is not subjected to TDS, the tax deducted by you on the same will put us to hardship.

Therefore not deducting 2% on advance payments will serve TDS compliance on your part as well as facilitate a correct income disclosure in our Form 26AS too.

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