When is tds applicable

This query is : Resolved 

09 September 2011 Dear Sirs

Once the expense crosses the threshold limit(single payment),for e.g.u/s 194C,

Whether to deduct TDS on full expense incurred in the financial year i.e.retrospectively or on the amount from which the limit starts i.e.prospectively.


09 September 2011 TDS has to be deducted on the full amount.

09 September 2011 TDS should be deducted total amount paid for the year (including previous amount also) once the threshold limit crossed


09 September 2011 Thanks a lot



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