one of my client was not deducting TDS of a transporter till December as it was within the limit of 10 trucks , but after December they where owing more than 12 trucks so does my client need to pay TDS on bills before December and if yes penalty and interest will also be charged???
Sir , I have one more query client have taken loan from an NBFC, and the EMI is directly cleared through Bank A/C, so do they have to pay TDS on EMI on monthly basis or Yearly