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Tds

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Querist : Anonymous (Querist)
04 January 2014 can an employee paying salary on monthly basis deduct tds lumpsum at the end of 3 quarters. give the relevant section in income tax act.
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TRINATH

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TRINATH (Expert)
04 January 2014 hi,
you can deduct tds u/c192b if employee has tax liability you can deduct tds last three months.

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