12 September 2010
one of the company pays commission upto rs 5000 without deduction of TDS as below limit ,Now it pays Rs 1000 further if it requires to deduct TDS on whole amount Rs 6000 or Rs 1,0000
12 September 2010
As per Sec 194- H TDS is to be decuted at the time of credit or payment, whichever is earlier, when aggregate sums credited/paid during the financial year exceeds Rs.5000/-
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