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TDS guidelines on payment to retainers

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A company where software professionals are hired as retainers : 1. What TDS % company should deduct on payment 2. TDS applicable on exceeding what amount - pm / pa. 3. Pay by what date to the authorities.
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TDS to be deducted  U/s 194J @ 10.3 % on payments exceeding Rs 20,000/- during the year


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