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Kinsey singh asked 10 months ago

194IB

Sir,
Can i deduct tax on per month basis instead of deducting on the last day of the financial year

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1 Answers
Profile photo of Deepak Bholusaria, CADeepak Bholusaria, CA answered 10 months ago

Yes, but you will have to file form 26QC every month, and issue form 16C for each deduction. Please logon to https://contents.tdscpc.gov.in/en/e-tutorial-taxpayer.html for more tutorials.