taxation

This query is : Resolved 

30 August 2009 What will happened if payment made by cash over 20000/ . And cash receiver does not comes under any tds section 194 . sir, plaese tell me the rate of deducting tax,

30 August 2009 But still u have to deduct tax

31 August 2009 You have to deduct the TDS at the time of payment or credit whichever is earlier.
Payment here includes even cash payment so you have to deduct TDS as rightly said by CA. Chitan.



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