Tds urgent query-194h

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 February 2016 Hi our company has paid commission amounted to 4300 till february, as per the provision as company is not require to deduct the TDS upto the amount of 5000, now in march it has paid another commission amounted to 11000, now whether the company is required to deduct the TDS only on 11000 or on (4300+11000)=15300, (i.e. on threshold limit also)????????

Please do the needful ASAP

03 February 2016 tds applicable on total payment once exceeded threshold limit,
hence deduct tds for total payment made till date in forthcoming payment



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries