Tds on aggregae value 194c

This query is : Resolved 

05 March 2013 respective vendor bills were crossed aggregate value of Rs.75,000 in particular FY , will TDS deductor has to pay TDS along with Intrest....




05 March 2013 when aggregate value cross 75000. it is assumed no previous bill was exceeded 30000/-
now liability of TDS will be arises only when total cross 75000
that time you will deudct TDS on 75000/- no interest is payable as before that TDS liability was not there



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