04 January 2010
IF PVT. LTD. CO. HAVE DEDUCT TDS U/S 194A @ 10% OF A PVT. LTD. CO BECAUSE THE INCOME OF PVT. LTD. CO. IS MORE THAN 1 CRORES. PLEASE LET ME KNOW WHETHER IS TRUE OR NOT WITH GENUINE REASON. AND IF IT IS WRONG WHICH RATE WILL APPLY AND WHAT WILL BE THE CONSEQUENES OF ABOVE APPLIED RATE.?