TDS u/s 194 C, limits are 30000 for single and 75000 for aggregate. But what to do in following case:
1. Rs. 15000 paid on 30.6.14,
2. Rs. 19000 paid on 10.11.14
3. Rs, 34000 paid on 17.01.15.
And now no further payment to this party in this Financial Year.
How should I deduct tds, only on Rs. 34000? or on full amount Rs. 68000?
Pls. provide circular or case referance if available.