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Tds

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Querist : Anonymous (Querist)
18 April 2012 can i cut tds for contractor payment u/s 194c when not exceed their exemption limit.

18 April 2012 If you think it will exceed the threshold limit, you can deduct TDS.

19 April 2012 yes agree with above...
you can deduct tds on estimated basis in future limit is to be exceed.


19 April 2012 agree with experts.

20 April 2012 Once you deduct TDS it is your liability to deposit it to the credit of the Central Government and you are making yourself liable to file the return of TDS. This means you have extra time to do all these exercises. OK. Do it



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