Excess deduction of tds


This query is : Resolved 

25 February 2010 Can a person make tax deduction at source at the higher rate

25 February 2010 Yes, u can deducted TDS at a higher rate as their is no rule or provision against it. Provided u have a mutual agreement with the person on whose payment u deducting it.

25 February 2010 Deduct as per rate specified by the section is always suggested


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