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Tds @ 194c

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(Querist)
29 November 2013 If billed amt is Rs. 1800000 and penalty deduction is RS 200000, then TDS should be deducted on 1800000 or on deducted amount of Rs. 1600000. Thanks in Advance.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
29 November 2013 TDS need to deduct on total billed amount of Rs.18 Lakh

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