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Answer Posted / c.papalkar
When you exceed the limit of Examption e.g ( Tds on
Profession Fees is exampted upto 30,000/- during the F.Y
but when vendor transaction cross the limit under sec.194J
then you have to deducted 10% TdS on gross amount)Tds is
Direct income for Goverment for roling country. Tds
deductor provide 16A certificate as Proof otherwise we can
chek your TDS credit Details on NEDL site it's Means you
can Tally TDS Amount with 26AS.
| Is This Answer Correct ? | 6 Yes | 2 No |
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Short answer on Allowances
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