RAJ KUMAR (FINANCE MANAGER) (1393 Points)
31 January 2011HELLO FRIENDS IF A PERSON IS MAKING PAYMENT U/S 194 C IT DOES NOT EXCEED Rs. 30,000 AT A TIME BUT AT THE YEAR IT EXCEEDS THE TOTAL OF Rs. 75,000 NOW. PLS TELL ME HOW TO DEDUCT TDS WHETHER AT THE YEAR END I WILL DEDUCT TDS ON WHOLE AMOUNT PAID.
PLS. HELP.
Pankaj Arora
(Learner)
(3134 Points)
Replied 31 January 2011
If at the year end amount will excessds 75000/- so I will suggest you that tds deduct quarterly.
RAJ KUMAR
(FINANCE MANAGER)
(1393 Points)
Replied 31 January 2011
CAclubindia
