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Tds should be deducted or not?

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(Querist)
20 June 2008 if indivual payments to a party for a contract didnot exceed Rs20000 but in the last month of the year the total payment exceeded Rs50000 then should we deduct on the whole amount including the first payments?
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CA Vivek Jain

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CA Vivek Jain (Expert)
20 June 2008 Yes TDS deductable on full amount
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