https://www.taxtmi.com/forum/issue?id=121087 Where contractor TDS becomes payable after the aggregate threshold is crossed, the deduction may be calculated on the full cumulative payment amount although Form 140 is described as a quarterly statement. Reporting only the quarter's payments together with a cumulative catch-up deduction creates an apparent rate mismatch. No identified statutory provision, Form 140 instruction, or RPU/FVU/CBDT guidance expressly resolves whether the gross amount should be quarterly or cumulative in this scenario. Current validation requirements or written clarification should be verified before either method is treated as mandated. en-us Tue, 25 Aug 2026 12:47:18 +0530 Tue, 08 Sep 2026 19:44:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=121087 Where contractor TDS becomes payable after the aggregate threshold is crossed, the deduction may be calculated on the full cumulative payment amount although Form 140 is described as a quarterly statement. Reporting only the quarter's payments together with a cumulative catch-up deduction creates an apparent rate mismatch. No identified statutory provision, Form 140 instruction, or RPU/FVU/CBDT guidance expressly resolves whether the gross amount should be quarterly or cumulative in this scenario. Current validation requirements or written clarification should be verified before either method is treated as mandated. Discussion-Forum Income Tax Tue, 25 Aug 2026 12:47:18 +0530 https://www.taxtmi.com/forum/issue?id=121087