Whenever TDS provisions become applicable , TDS must be deducted.
You did a very right thing.
As a matter of fact you will be required to give TDS certificate to each deductee for each deduction (post payment of TDS deduction to the bank in prescribed challan and then TDS return)
For a businessman , TDS is widely popular and it is self explanatory when payment is received by the deductee.
@ subhbharati 1. tds deducted will be reflected in the payment sheet which is accompanied with the cheque to the deductee. 2. seperate intimation is not required. 3. tds certificate is given after the end of each quarter.
@ Naveen you do do not hv working experience... always..
Guest
The mandate is to deduct tax; no prior intimation to the deductee is necessary. After all, you'll have to issue the certificates quarterly, which itself is the intimation.