We paid salary 30,000/- for march 2008. can we have to deduct tds for his one year salary i.e 3,60,000/-?

Your question is not clear:

1) Some one has joined in your company from March-08:

Then no TDS. You have paid just Rs.30,000 for the financial year 2007-08. His salary may be 30,000*12=3,60,000 per year. But actual payment during FY:2007-08 is only Rs.30,000. You cannot deduct TDS on Rs.30,000.

2) If he has worked with you for the full year and you did not do any TDS and you have also paid March-08 salary ?. In this case it is your mistake for failing to collect TDS. Pay the TDS immediately and collect the TDS amount from the employee in the next month or by other ways. (Treating the TDS amount as loan given to him)

if u had paid salary above Rs 110000 & no investment has been made than tDS has to be deducted

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