Tds need to be deducted


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Querist : Anonymous

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Querist : Anonymous (Querist)
16 January 2015 If In fy 2013-14 , TDS deduction limit crossed for one party in 194J then i have to deduct tds, But in next fy 2014-15 if my total bill for that party in a year is below Rs. 30000/- then is it necessary to deduct TDS as i have deducted TDS in Previous year.

Rupesh Jain (Expert)
16 January 2015 no, you have to deduct tDS is limit cross Rs. 30000/- in current year.


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