19 March 2008
RESPECTED MEMBERS company(co.) make payment of hiring chg and deduct tds u/s 194 i but party obtain lower rate certificate @ 2% contain total billing is rs 25,00,000 deduct tds according to taht but now at end of march my billing gose to rs 34,00,000 then this additional amt rs 9,00,000 how much co. want to deduct.
co will liable to deduct at 2% or 15% on additional 9,00,000 .
CAclubindia
