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Deduction of tax at source

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 June 2014 How will tds be deducted on overdue interest directly charged by the payee and mentioned in the bill given by him to the payer ?
Will tds be applicable on such amount as section 194C says that tds should be deducted on all sums paid or credited ?
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05 June 2014 AT THE TIME OF PAYMENT OR AT THE TIME OF BOOKING ENTRY WHICH EVER IS EARLY.. U CAN DEDUCT TDS

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