19 January 2015
Let us take an example for the TDS limit under section 194d i.e insurance commsion Rs20000 in a F.Y. we have taken insurance services from two different branches of SBI BANK. SBI B1 RS 5000 SBI B2 RS 25000
NOW how should we deduct tds uder sec 194d, by consolidating the payment of different branches or only on SBI B2 amount . kindly give reference of the ACT OR CASES for more clarity.