Cite.Co is a repository of information and resources created by industry seniors and experts sharing their real world insights. Join Network
There are many deciosion making points to remember for tds deduction. Any interest,contract, commission,rent, professional fees, salary paid by you in a financial year exceeding certain amounts should be considered for tds deduction. For interet it is Rs.5000,contractors Rs. 20000, commission Rs. 2500, rent Rs. 120000, professional fees Rs. 20000/-. For updated rates w.e.f. 01.10.2009 just go through any link on this site.