30 August 2009
What will happened if payment made by cash over 20000/ . And cash receiver does not comes under any tds section 194 . sir, plaese tell me the rate of deducting tax,
31 August 2009
You have to deduct the TDS at the time of payment or credit whichever is earlier. Payment here includes even cash payment so you have to deduct TDS as rightly said by CA. Chitan.
CAclubindia
