Tds


This query is : Resolved 

01 August 2014 Hiii i start a new buss. fiance i give my clint rs 50000 for rat of int 2 pers pm my clint return money after one months with interest 51000 clint is call we deduct tds on 1000 how in this case pls me suggestion

01 August 2014 If client is auditable entity, then he required to deduct TDS @ 10% on Rs.10000

01 August 2014 if your intt is over rs. 5000/- then he have to deduct the tds @ 10% u/s 194A


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