Tds


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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2016 Sir, I given payment of consultancy fees rs. 15000/- on may-16 without deducted tds. Now in July-16 He issues second invoice rs. 25000/-. Now limit over 30000. So I should be deduct tds on 25000 or 40000 amount. Interest would be liable for this or not on rs. 15000.

20 July 2016 you have to deduct tds on rs. 40000/- at that time....

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 July 2016 Thanks Sir. But with interest on rs.15000 or without interest.




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