194c

This query is : Resolved 

14 August 2013 if my aggregate payment exceeds rs.75000 u/s 194C,whether i ve to deduct tds for all the payment i had made or to deduct tds only for the payments made after it cross rs.75000???

14 August 2013 Yes TDS to be deducted on entire amount. Rs 75000/- is threshold limit and not exemption limit. So when limit crossed deduct TDS on total amount.



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