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Tds deducted quary

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(Querist)
17 December 2012 Dear sir

we have received advertising bill for rs.21000/ on dated 14.09.12 & other bill received for rs.21000/- on dated 21000/-.

we have deducted TDS or not.
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CA Manish

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CA Manish (Expert)
17 December 2012 TDS is applicable when one bill or payment exceeds rs 30000/- or total bill or payment exceeds 75000/- for the year.

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