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When is tds applicable

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(Querist)
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.
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CA Ashwani Agarwal

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CA Ashwani Agarwal (Expert)
09 September 2011 TDS has to be deducted on the full amount.
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CMA Ramesh Krishnan

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

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Preeti (Querist)
09 September 2011 Thanks a lot

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