Tds - interest

This query is : Resolved 

05 March 2013 Hi Friends,

We got query regarding interest applicable for TDS once value crossed over aggregate value of 75,000 for contract...

one vendor's for our concern has been issuing billing towards respective service , at present his invoice accumulation value were crossed over 75,000/- , whether we have to pay TDS along with interest for previous bills. or without interest...

please clarify

05 March 2013 I replied this before in separate query

https://www.caclubindia.com/experts/tds-on-aggregae-value-194c-1246634.asp#.UTWkXzfHdyU

if you are not satisfied with that then you can wait other expert to answer on that
why query again & again.
i am leaving this query opened so other can reply

05 March 2013 I replied this before in separate query

https://www.caclubindia.com/experts/tds-on-aggregae-value-194c-1246634.asp#.UTWkXzfHdyU

if you are not satisfied with that then you can wait other expert to answer on that
why query again & again.
i am leaving this query opened so other can reply

05 March 2013 When different bills value exceeds Rs.75000 that time you should deduct TDS on total amount and you need not pay interest for the same.

05 March 2013 TDS to be deducted on Total amount. 75000/- is threshold limit and not exemption limit.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details