Tds

Hello

Last year transaction amt was in F.Y.2012-13-Rs.170000/-

Deducted TDS as per 194C @ 2%

In the F.Y.2013-14 single transaction amt is Rs.15000/-

Have to deduct TDS now only or when the amt crosses to Rs.75000/-?

pls help

Replies (1)

If the amt is likely to exceed Rs. 75000  in the whole year then deduct now.

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