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Tds

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(Querist)
20 April 2012 Dear Experts,

In the TDS calculation, if the yearly limit exceed mean should i calculate after the yearly limit or starting amount onwards,

Regards
Rajakumar.R
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CA Kishore Tallam

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CA Kishore Tallam (Expert)
20 April 2012 TDS should be deducted from staring amount onwards.
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Durgesh Laddha

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Durgesh Laddha (Expert)
20 April 2012 If the yearly limit exceed you should deduct TDS on all amount, which you have paid or credited in books of accounts.
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