Tds calulation for amount beyond exemption limit
Harish ( ) (53 Points)
26 November 2013Harish ( ) (53 Points)
26 November 2013
Sachin More
(MBA-Finance Executive - accounts & Finance)
(422 Points)
Replied 26 November 2013
TDS will attract on whole amount i.e. 32000/-
Harish
( )
(53 Points)
Replied 26 November 2013
Mihir
(Wealth Manager)
(5293 Points)
Replied 27 November 2013
No, it will not be on Rs. 2,000/-. The whole amount shall be subject to TDS deduction.
vinay mehta
(student)
(80 Points)
Replied 27 November 2013
vinay mehta
(student)
(80 Points)
Replied 27 November 2013
CA Tripurari Kumar Thakur
(Accounts Excutives)
(144 Points)
Replied 27 November 2013
if amount exceed the exemption limit then TDS to deducted on the whole amount
Shruthi
(Article Assistent)
(336 Points)
Replied 27 November 2013
It is on whole amount. Hope below reference may help you.
CA PRIYUL SHAH
(JOB)
(901 Points)
Replied 28 November 2013
TDS is applicable on whole payment. Rs.32000 in this case
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