30 April 2012
In your case, single bill amount Rs 30000/-during the FY or total payment amounting Rs 75000/- exempt during the financial year for TDS (under IT Section 194C) to an individual, pls check your transactions accordingly if u have made single bill amounting Rs 30000/- than u have to deduct TDS if not so according to your statement you have paid 65000/- payment to him so no need to deduct tds.
CAclubindia
