Deduction of tds
Querist : Anonymous
Provided that where the aggregate of the amounts of such sums credited or paid or likely to be credited or paid during the financial year exceeds seventy-five thousand rupees, the person responsible for paying such sums referred to in sub-section (1) shall be liable to deduct income-tax under this section.
Hope this clarifies the matter.
Regards
Querist : Anonymous
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