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TDS on incomes

This query is : Resolved 
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(Querist)
31 May 2008 TDS to be deducted billwise or on basis of per annum ????
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Shyam Lal Naik

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Shyam Lal Naik (Expert)
31 May 2008 Tds is deductible on the date credit to the party/any other account or on the date of credit, whichever is earlier.

Hence, It should be deducted billwise.
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